The NCAA’s Final Four is All Set – Now See The Market’s Final Four Factors!

“The NCAA College Basketball Final Four is set. Gonzaga, North Carolina, Oregon, and South Carolina are headed to Phoenix, Arizona to determine this year’s college basketball national champion. In that spirit, following our “Sweet 16” commentary last week, this week we share our “for the stock market in 2017: 1) economic growth, 2) earnings, 3) corporate tax reform, and 4) the Federal Reserve (Fed). We expect a hard-fought battle between these factors and market risks, including a policy mistake from a government or central bank, trade protectionism, and geopolitics.”  Read on for more insight from LPL Research.

Happy Birthday to the 8 year-old Bull Market…With No End in Sight?

March 15, 2017 | posted in: Blog, LPL Weekly Market Commentary | by

The bull market celebrated its eighth birthday last week on Thursday, March 9, 2017.
        During that eight-year period, the S&P 500 Index tripled in value including dividends. Although valuations are rich and policy risks are high,. We would not be surprised if the bull celebrates its ninth birthday one year from now. Read LPL Research’s take by Burt White, Chief Investment Officer and Jeffrey Buchbinder, CFA Market Strategist, of LPL Financial.

Tiptoe Through The Tulips, and Other Offerings from LPL Research.

Who doesn’t love Paris in the springtime?
The fundamental case for European equities continues to strengthen, with both earnings and valuations improving.  The technical perspective on Europe is mixed, with the region doing well on an absolute basis, but still unable to outperform U.S. stocks on a consistent basis.  Political concerns, which often get expressed through currency markets, are likely to determine whether European equities begin to outperform their domestic peers.  There a lot to like about the coming European spring from both a fundamental and valuation perspective. The rebound in corporate earnings growth is particularly important. But market performance relative to U.S. stocks is still relatively weak, and major political events are still ahead. We are getting our spring wardrobe ready, but still not going to put away our winter coats. Read on for the complete analysis from Burt White Chief Investment Officer, LPL Financial Matthew E. Peterson Chief Wealth Strategist, LPL Financial.

Earnings Update: Good News and Five Observations

February 22, 2017 | posted in: Blog, Financial Insights | by

The numbers are in! Fourth quarter earnings growth, while not a blowout, continued to be solid, putting the earnings recession further in the rear view mirror.     Read on for 5 key observations and complete details from Burt White Chief Investment Officer, LPL Financial and Jeffrey Buchbinder, CFA Market Strategist, LPL Financial,.

Super Bowl 51: Rooting for Shorter Skirts & Fatter Ties

February 3, 2017 | posted in: Blog, Uncategorized | by

Miniskirts and the markets Truth be told, I am not really very excited about watching the Super Bowl game between the Falcons and the Patriots. My guess is that many of you out there feel the same way, that is, unless you grew up in Boston or Atlanta. And it’s not because I’m not a football fan, as I do appreciate the sport. It’s just that the match-up of the titans of the Northeast against the upstarts from the deep South doesn’t exactly get me fired up. But, of course, I will watch, and at the end of a very long couch potato session on Sunday, spent eating too many snacks and watching some football among too many commercials with big guys drinking beer and cooing over huge trucks, I hope, for all our sakes, that the Falcons win. Why? I will root for the Falcons because if they win, I am assured the stock market will rise in 2017, and that is generally good for my clients and friends. I know the stock market will rise if the Falcons win because of what is known as the “Super Bowl Stock Market Indicator.” This principal posits that there is a correlation between a National Football Conference team (Falcons) beating an American Football Conference team (Patriots), and the market rising. Lately, this has not really been borne out, but that hasn’t stopped the media (and me!) from writing about it. Another “reliable” indicator of future market performance has been the length of women’s skirts. The theory goes along these lines: as hemlines get higher, so do stock prices. As a result, I’m sure many folks watching the aforementioned beer commercials will be rooting for shorter hemlines…for the benefit of their investment portfolios, of course. There is also the “skinny tie market indicator.” This follows the theory that the fatter the tie, the fatter and better the returns are in the stock market. However, I have a confession to make. Those of you who visit me at the office or see me during the business day may have noticed that my ties are getting skinnier each year. Please do not be alarmed by this sartorial decision – the fact is that I only recently heard about the skinny tie indicator, and didn’t realize I was signaling a downturn. I apologize for my fashion faux pas and I promise to be more careful with my business attire in the future! Other supposed stock market indicators are sales of aspirin and Tylenol, sales of men’s underwear, and the consumption of baked beans. I will leave the details of all of these up to your imaginations and/or future research. Of course, there are the actual technical indicators that market watchers can look to, such as economic policy, budget deficits, government debt, price/earnings ratios, etc., but why spoil the fun? Looking at what’s been going on in this country over the past few months, we can all use a little fun, right? A playful cataloging of money management myths is good for a laugh, and, really, who wants to read about P/E ratios on Super Bowl weekend? Plus, these “myths” are great conversation starters if you’re at a Super Bowl party where you don’t know the other guests! Anyhow, I’m off to the mall to look for some fat ties. And here’s to men’s underwear sales, higher hemlines, and the Atlanta Falcons. Let’s all have some fun on Sunday. Pass the chips!       tracking # 1-578415 IMPORTANT DISCLOSURES* *Important disclosures: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This is a hypothetical example and is not representative of any specific investment. Your results may vary. Stock investing involves risk including loss of principal. Securities offered through LPL Financial, Member FINRA/SIPC Asset Allocation does not ensure a profit or protect against a loss. Guarantees within guaranteed income products are based on the claims paying ability of the issuing company.