The S&P 500 strung together 37 record highs this year aboard an 18.1% rally, as of July 10. The advance has largely been powered by a handful of mega cap names tied to technology and/or artificial intelligence. In fact, six stocks — NVIDIA (NVDA), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Meta (META), and Alphabet [...]
With stock valuations elevated after such a strong first half, earnings growth will be key to holding, or potentially building on these gains. LPL Research believes stocks have gotten a bit over their skis, but earnings season may not be the catalyst for a pullback in the near term given all signs point to another [...]
Volatility has returned right on queue as U.S. equity markets continue to pull back from overbought levels. The recent jump in interest rates has proven to be too much too fast for stocks to absorb, especially for the heavyweight and longer-duration technology sector. Deteriorating economic conditions in China and weak seasonal trends have been [...]
Earnings Estimates for 2023 Impressively Rose Last Week With just over half of S&P 500 companies having reported results, the consensus estimate for S&P 500 year-over-year earnings growth in the first quarter is -3.7%, up more than 2 percentage points from the prior week. While an earnings recession is likely, with a second straight [...]
An old Wall Street adage says bond markets are smarter than equity markets, so when stocks encounter volatility, investors often look to the bond market for clues about the potential severity of equity market weakness. The option-adjusted spread (OAS), a key data point, adjusts a bond’s yield for any unique features of the bond in [...]
“At LPL Research, as we look forward to the year 2020 and a new decade, some key trends and market signals will be important to watch, including progress on U.S.-China trade discussions, an encouraging outlook from corporate America, and continued strength in consumer spending. Trade risk, slower global growth, and the impeachment inquiry have garnered [...]
We are pleased to introduce our LPL Research Midyear Outlook 2015, with the insights and guidelines to put together portfolio strategies for the rest of 2015. Few things can dampen the excitement of seeing the delivery of a long-awaited package on the porch than three words—“some assembly required.” Like any complex assembly, whether it’s a [...]
Here's a brief excerpt from the full research report from LPL Research: Since the wind-down of the Great Recession in early 2009, the latest economic expansion has certainly delivered the goods and rewarded investors’ mailboxes with six consecutive calendar years of positive gains for stocks. “Neither snow nor rain nor heat nor gloom of night” has kept a [...]
Here we are in the Fall of 2014. Get the LPL Research Market Outlook for the remainder of the year. Want to Review Your Strategy for Generating Income in Retirement? 2014 Investment Outlook for clients Like the video? Download the printed version: LPL's Outlook 2014: The [...]
In this video, we review three central themes of unconstrained fixed income investing: flexibility, risk analysis, and macroeconomic considerations with the Chief Investment Officer of Fixed Income Fundamental Portfolios - Rick Rieder. Want to Review Your Strategy for Generating Income? 2014 Investment Outlook for clients Like [...]
We provide expert investment commentary on world markets from our internal investment analysts at LPL Financial. This expertise is for our financial advisors and clients in Santa Clarita and throughout Southern California as well as MA, NH, and FL.