SPGP News and Press, Invesco S&P 500 GARP ETF From 08/18/22

Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Today, the S&P 500 Index sports a price-to-earnings ratio of 21 on trailing 12 months’ operating earnings and 18 on analyst estimates ...

Even if inflation slows, the Fed is unlikely to step off the rate hike gas. Why it's time to beware of the bear market rally. Inflation or slowing growth, which is the bigger risk? Equity markets have been climbing their way back from the lows reached in June. Th...

The S&P 500 appears on track to post its fifth straight weekly advance, based on trading through yesterday’s close (Aug. 16). Another encouraging sign: the ratio for a pair US equity ETFs that is a proxy for estimating the trend in the market’s risk-on/risk-off senti...

The outlook for S&P 500 earnings has deteriorated since our last update three months ago. There is a minor dispute over whether that means consecutive quarter-on-quarter declines or if it means consecutive declines over two quarters with respect to the same quarters a year earlier...

When the market was overly bearish, we got the current rally to 4300SPX. The market is going to decide how it will take shape for the next 18 months over the coming 2-3 months. We are looking for a specific set-up to point us back up towards the 5500SPX potential again. ...

Stocks continued to grind higher on better-than-expected earnings from retailers Walmart and Home Depot. Lower-end consumers have weathered inflation much better than the bearish consensus expected. Their increase in wealth and income have proved to be sufficient offsets to higher...

Can you simply buy stocks at any price and assume you’ll enjoy long-term returns on the order of 10% annually over the long-term? In a nutshell, long-term investment returns are driven by precisely three factors: long-term growth in fundamentals, the annualized change in valuat...

Economic slowdown but no recession! That message comes from the latest employment report, service sector data, and Federal Reserve. While James Bullard and others currently directing the monetary policy regime suggest they can quell inflation with only an economic slowdown, history su...

After plunging more than 22% from the start of the year through mid-June, U.S. equities in July had their biggest rally since November 2020 amid earnings reports that were generally stronger than forecasted. Several major factors drove the sell-off in equities to start the year. C...

The latest headline number of the NFIB Small Business Economic Trends for July came in at 89.9, up 0.4 from the previous month. The index is at the 8th percentile in this series. The uncertainty in the small business sector is climbing again as owners continue to manage historic infla...