PKW News and Press, Invesco BuyBack Achievers ETF From 05/20/22

Down 27% YTD, Lowe's is trading at its lowest forward P/E in nearly a decade. The company reported mixed Q1 earnings on May 18th. Revenues missed estimates, with same-store sales declining 4%, down 3.8% in the US. EPS for the quarter was $3.51, beating estimates of $3.23. ...

Large-cap growth stocks outperformed small-cap value stocks by over 700 basis points (bps) annualized from 2012 to 2021. This stretch of whopping outperformance - a cumulative gain of 508% for large growth versus 211% for small value - stands in stark contrast to the findings of acade...

The rising rate, rising dollar environment continues with the dollar index hitting a 20-year high last week. That rising dollar is having an impact on the rest of the global economy but so far it has been manageable. There are a lot of companies out there that have come public over th...

How to use market maker hedging-derived price forecasts. It proceeds from a fundamental analysis that is already compacted into explicit price expectations of likely upside and downside price change limits. Today’s specific stock price range expectations are compared to the...

Value continues to trounce growth stocks within the style asset class across all market caps, and the longer-term returns tell us that growth might continue to lag for some time. It’s impossible to say how long the style “alpha” will be sustained. Growth stocks ha...

There was a lot of volatility in stocks last week but in the end, the S&P 500 was down a mere 21 basis points. A rising currency is presumably negative for the export sector and positive for domestic purchasing power. On a sector basis, there were several winners last week wit...

The map of the Asset Allocation Committee’s market views is a buzz of activity this quarter. Coming into 2022, we anticipated slower growth compared with the steep recovery levels of 2021 and inflation that was declining but persistent—and problematic due to its origins ...

The Miller Income Strategy returned -10.08% for Q1 2022. As of the middle of April, the market is telling us the economy is still strong, though the rate of growth is now slowing due to overheating and inflation. Red-hot inflation now looks like it is weighing on growth. There...

The stagflation scenario got a little more traction last week with the release of a negative Q1 GDP print on Thursday and hints of more inflation on Friday. April was a really rotten month with everything down but the general commodity indexes. Investing is mostly an exercise in s...

While the two more senior historic indices have not confirmed a bear market, retail sentiment for the next six months is extremely bearish. The American Association of Individual Investors' (AAII) latest weekly survey summary indicates a 59.4% bearish view. There were 989 new lows for...