Equity Research

Momentum Explains Much of the Wide Style Dispersion this Year

Abstract:  Growth and value indices are sending a lot of mixed messages this year. Russell…

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Breadth Sending Bullish Cues as Capitalization Distorts Sector View

Abstract: Breadth Sending Bullish Cues as Capitalization Distorts Sector View Resurgent price breadth and a…

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Historic Growth Underperformance Reveals Underlying Rotation

Abstract: July was the worst calendar month for Russell 3000 growth relative to its value…

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US Stocks Remain Captive to Continuously Evolving AI Theme

Abstract: The on-again off-again war between the US and Iran, rising bond yields in the…

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Sector Model Rides 2026’s Winners – Energy, Tech and Materials

Abstract: It’s too early to give up on year-to-date sector winners in large caps, according…

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Emerging Markets Still Have Hefty Discount, But Face Concentration Challenge

Abstract: AI is Powering Up Emerging Market Index Returns But Leaving Most Stocks Behind Emerging…

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2Q Season Could Be Mag-7s Last Hurrah Atop the Earnings Pile

Abstract: The 2Q26 earnings season kicked off on July 14th with JPMorgan and the other…

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Slim Dispersion Suggests Stocks Far From Late-Cycle, But Sector Strategy Still Adds Value

Sector dispersion – measured by the difference between the best and worst performing sectors –…

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Reconstitution Might Take Some Wind Out of Small Caps’ Sails

Abstract: Russell’s now semiannual reconstitution will take effect on June 29th and the event looks…

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Mag-7 Slowdown May Be Offset by 493’s Gain as Economy Syncs Back Up

Abstract: The Magnificent-7 has struggled relative to the rest of the market for most of…

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Can SpaceX Break the Post Pandemic IPO Curse?

Abstract:  SpaceX kicked off what is likely to be a wave of historically large IPOs…

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Stocks are Frothy, but This Bull Isn’t Yet a Tech Bubble Repeat

Abstract: U.S. stocks’ multi-year rally looks eerily similar to textbook bubbles that formed ahead of…

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