The Status of "Innovation" Stocks

Posted on May 11, 2021

    As we have discussed the last few weeks, there is broad participation in the market’s recent rise.  Now, what exactly is leading the rise?  The table to the left shows the S&P 500 risk-adjusted sector rankings, as well as the style...

    Value versus Growth: A Brief Historical View

    Posted on May 04, 2021

      In some of our previous updates, we have discussed how value is now outperforming growth on a relative basis.  Now, we do not want to beat a dead a horse when we talk about this topic, as we have discussed it many times, but over the last 10 years,...

      Is the Market Extended?

      Posted on April 20, 2021

        Index Strength The S&P 500 has had some strong momentum over the last month.  In fact, if you look at the style indexes along with the EAFE and Emerging Markets, the S&P 500 has been the second-best performer over the last 20 or so trading days,...

        A Rising Tide

        Posted on April 06, 2021

          The Nasdaq   The Nasdaq 100 index is mostly represented by technology-related stocks.  Recently, these stocks have been underperforming the broad market on a relative basis, as shown in the chart below.  These stocks have gotten a bounce off of recent...

          Market Sector Strength Update

          Posted on March 30, 2021

            We have shown similar tables in previous updates, but Canterbury Ranks and Rates securities on a risk-adjusted basis according to our Volatility-Weighted-Relative-Strength (VWRS).  It allows all securities to be put on an equal playing field when...