Bull Market

December 17, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Trade Deal and an Earnings Driven Market

Our CJL Rule of 20 tells us that the sum of the forward P/E multiple on the S&P 500 added to the annual CPI core inflation rate should equal about 20. The current reading is 20.1, which sounds about right. Therefore, for stocks to move higher without violating the Rule, the “E” portion of the ...

April 8, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Profit Bulls Have History on Their Side

The market debate about the trajectory of earnings will likely escalate in the coming weeks as companies report 1Q19 financial results. But our work shows that if history repeats, there may be several more years of net income growth ahead. ...

January 7, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Stock Price-to-Earnings Ratios May Have Bottomed

The daily whipsaw of the stock market is challenging the convictions of both bulls and bears. 3% intraday moves in index prices have become the norm and the CBOE Volatility Index (VIX) has not closed below 15 since early October. Investor concerns mostly center around the depth of a prospective glob...

November 12, 2018
News & Media
Comments : 0

C.J. Lawrence’s Terry Gardner Quoted in Yahoo Finance – November 12, 2018

“Spreads [S&P 500 earnings yield vs. current levels of interest rates] still favor stocks but the market is looking for more direction on the future of corporate profit growth before making its next move. This is a time to be increasingly selective and focus on companies that are growing market ...

October 29, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Innovation on Sale

The recent market downdraft may be creating opportunities for active managers and investors to buy industry leaders and innovators at attractive prices. In April of this year, we authored a note titled Innovation at a Reasonable Price, which highlighted increasing rates of research and development ...

August 27, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly Market Comment – Irrational Exuberance? No. Healthy Skepticism.

Domestic equity mutual funds and exchange traded funds (ETFs) continue to experience net outflows, while bond mutual funds and bond exchange traded funds continue to experience inflows. Net flows out of domestic equity funds totaled $66 billion in 2016, $50 billion in 2017, and have already experien...

March 23, 2018
Blog , The Trusted Navigator - Bernhard Koepp
Comments : 0

Where to Hide In A Stormy Environment?

In short, rising trade wars or reciprocal tariffs regardless of what sector they effect, if implemented, make whatever they target more expensive. This adds fuel to the idea that we need to be positioned for inflation down the road....

January 29, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Want to Buy Stocks? Get In Line.

But for the growing number of investors looking to build new, or add to existing, stock positions, finding attractively priced, highly liquid stocks to purchase is getting more challenging and competitive. The number of public companies listed on major U.S exchanges peaked in 1998 at around 7,500. A...

December 4, 2017
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Improving Earnings Growth Forecasts Suggest the Bull May be Sharpening His Horns

According to Tuesday’s release from the Organization for Economic Cooperation and Development (OECD) the global economy is now growing at its fastest pace since 2010, with the upturn becoming increasingly synchronized across countries. The OECD now forecasts 3.7% global economic growth in 2018. At...

Login Area

Register New Account