VOT News and Press, Vanguard Mid-Cap Growth From 10/20/23

2023-10-20 02:30:00 ET Summary Three factors helping to lift equity markets. Economic growth fuels equity optimism. Outlook for tech stocks. While there have been no shortages of macro headwinds weighing on equity markets, the major indices are still higher year to...

2023-10-18 00:00:00 ET Summary The LERI shows corporate uncertainty increasing to its highest level since the pandemic, in line with what bank CEOs have been sharing on Q3 calls. This week, 460 companies are expected to report for Q3, 55 from the S&P 500. Potential Surpris...

2023-10-17 23:30:00 ET Summary Once again, the bulls were unable to charge higher, after global indices rose on Monday. While there is a chance, we could still see the markets climb higher once US investors come to the fray, even then, I am not so sure we will see a long-lasting r...

2023-10-17 22:25:00 ET Summary In this note, we look at the Mag-7 group in more detail and preview growth expectations heading into the quarter. Mag-7 earnings for Q3 are forecasted at $72.3 billion (+35.9% y/y, +5.2% q/q) while revenue is forecasted at $364.5 billion (+11.3% y/y,...

2023-10-17 02:10:00 ET Summary The current war situation is moving oil, bonds and stocks, as the worst-case scenario is a massive oil price spike, which overrode bottoming action in the stock market. A worst-case scenario would be bullish for bonds, no matter what happens to the p...

2023-10-16 20:00:00 ET Summary The economically-sensitive Russell 2000 stock index (RUT) has given back all of its early 2023 rebound and is now negative year to date. The US small-cap 600 index (SP600) is 20% lower than its November 1, 2021 cycle peak and 2.8% higher than five ye...

2023-10-16 19:25:00 ET Summary One aspect of the equity market advance this year is investors' heightened focus on a handful of stocks some are referring to as the Magnificent Seven. Year to date through Friday's market close, the combined average return for these seven stocks is ...

2023-10-16 12:52:00 ET Summary Considering the outbreak of geopolitical events in the past week, it may be surprising that the S&P 500 end the week higher than it closed in the previous week. The latest update for the alternative futures chart shows the S&P 500's trajector...

2023-10-16 11:05:00 ET Summary Our proprietary signal has flashed red twice in the last several weeks. Does the double signal something more ominous approaching? The Fed pointed to the soaring 10-year yields and term premiums as indicators that its job of tightening monetary polic...

2023-10-16 03:51:00 ET Summary Current 2024 EPS estimates expect 10%-12% S&P 500 EPS growth next year, after 1%-2% growth this year. The forward 4-quarter estimate fell last week to $239.22 from the prior week’s $239.93 and June 30th’s $224.01. Inflation data...