The Fat Pitch

Summary : The trend is up: equities ended the week about 1% from their highs. Breadth is improving and outperformance from small caps will f...

Summary : Overall, fund managers' asset allocations in September and October indicated the most bearishness since 2012. It was a strong ...

Summary : After rising 6 weeks in a row, equities fell hard this week. SPY has returned to the bottom of its former trading range. NDX, whic...

Summary : It's true that corporations buying their own shares (buybacks) represents a large source of demand for equities and have helpe...

Summary : 3Q financials have been predictably poor, with negative growth in both sales and EPS. Sales growth has been affected by a 50% fall...