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Latest Research
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06/13/13 Unemployment and Market Returns
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06/12/13 2013 R2000 Earnings Outlook
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06/11/13 Small-Cap Market Outlook 6.11.13
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06/10/13 Sunday Evening Charts
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06/06/13 Morning Charts
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06/04/13 Small-Cap Macro Mosaic
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05/28/13 Small-Cap Market Outlook 5.28.13
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05/27/13 Sunday Evening Charts
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05/22/13 Insights from the Road
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05/22/13 Our Marketing Deck
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05/21/13 Small-Cap Macro Mosaic 5.21.13
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05/14/13 Small-Cap Market Outlook 5.14.13
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05/13/13 The Reawakening of Young Ambition
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05/09/13 Master Economic Data Index Update
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05/07/13 Small-Cap Macro Mosaic 5.7.13
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05/05/13 Sunday Evening Charts
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05/03/13 1Q13 Earnings Update
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05/02/13 On Our Mind - Waiting Game Continues
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04/30/13 Small-Cap Market Outlook 4.30.13
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04/23/13 Small-Cap Macro Mosaic 4.23.13
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04/19/13 Searching for the Tell
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04/16/13 Small Cap Market Outlook
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04/12/13 A Detailed Analysis of 1Q13 Earnings
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04/09/13 Small-Cap Macro Mosaic
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04/07/13 Sunday Evening Charts
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04/05/13 1Q13 Quarter End Letter
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04/02/13 Small-Cap Market Outlook 4.2.13
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04/01/13 Small-Cap Thoughts
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03/26/13 Small-Cap Macro Mosaic 3.26.13
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03/24/13 Sunday Evening Charts
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03/22/13 Master Economic Data Index Update
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03/20/13 Examining Small-cap Correlation
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03/19/13 Small-Cap Market Outlook 3.19.13
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03/18/13 Fed Wealth Effect Monitoring
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03/12/13 Small-Cap Macro Mosaic 3.12.13
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03/11/13 Examining Small-cap Market Gyrations
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03/09/13 Sunday Evening Charts - a Day Early
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03/07/13 Sports and Investment Comfort Zones
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03/05/13 A Walk Through our Outlook
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03/05/13 Small-Cap Market Outlook 3.5.13
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02/28/13 Breaking Out is Hard to Do
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02/27/13 The Optimistic Old Man Revisited
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02/26/13 Small-Cap Macro Mosaic 2.26.13
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02/24/13 Sunday Evening Charts
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02/20/13 Top 200 Most Widely Held Small-Caps
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02/19/13 Small Cap Thoughts On My Mind
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02/19/13 Small-Cap Market Outlook 2.19.13
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02/12/13 Small-Cap Macro Mosaic 2.12.13
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02/11/13 Evening Charts
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02/07/13 On My Mind
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02/05/13 Small-Cap Market Outlook
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02/02/13 Sunday Evening Charts
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01/30/13 R2000 Stock Returns Dispersion
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01/29/13 The Small-Cap Macro Mosaic 1.29.13
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01/24/13 Small‐Cap Earnings Uncertainty
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01/22/13 Small-Cap Market Outlook 1.22.13
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01/20/13 Sunday Evening Charts
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01/13/13 Sunday Evening Charts
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01/09/13 Data Dabbling in Pretty Pictures
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01/08/13 Small-Cap Market Outlook
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01/07/13 2012 Year-End Letter
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01/06/13 Sunday Evening Charts
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12/21/12 Small-Cap Industrials Drill-Down
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12/19/12 Master Economic Data Index Update
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12/18/12 Small-Cap Macro Mosaic 12.18.12
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12/13/12 2013: The Year Ahead
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12/11/12 Small-Cap Market Outlook 12.11.12
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12/09/12 Sunday Evening Charts
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12/04/12 Evening Charts - Trending Stocks
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12/04/12 Small-Cap Macro Mosaic 12.4.12
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12/02/12 Sunday Evening Charts & Musings
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11/30/12 Understanding QE’s Dirty Secret
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11/27/12 Small-Cap Market Outlook 11.27.12
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11/20/12 Small-Cap Macro Mosaic 11.20.12
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11/19/12 The Capital Pain Trade
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11/19/12 Top 200 Most Widely Held Small-Caps
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11/18/12 Sunday Evening Charts
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11/13/12 Small-Cap Market Outlook 11.13.12
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11/12/12 Diagramming the Fiscal Cliff
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11/11/12 Sunday Evening Charts
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11/07/12 Elections Have Consequences
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11/06/12 Small-Cap Macro Mosaic 11.6.12
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11/04/12 Sunday Evening Charts
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11/02/12 Master Economic Data Index Update
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10/30/12 Small Cap Market Outlook
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10/28/12 Sunday Evening Charts
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10/23/12 Small-Cap Macro Mosaic 10.23.12
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10/16/12 Small-Cap Market Outlook 10.16.12
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10/14/12 Sunday Evening Charts and Musings
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10/09/12 Small-Cap Macro Mosaic 10.9.12
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10/07/12 Sunday Evening Charts and Musings
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10/03/12 3Q12 Quarter-End Letter
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10/02/12 Small-Cap Market Outlook 10.2.12
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09/30/12 Sunday Evening Charts
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09/27/12 Battle of the Breakout
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09/26/12 Musings
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09/25/12 Small-Cap Macro Mosaic 9.25.12
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09/23/12 Sunday Evening Charts
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09/18/12 Low Quality Leadership Study
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09/18/12 Small-Cap Market Outlook 9.18.12
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09/12/12 More Breakout Charts
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09/11/12 Small-Cap Macro Mosaic
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09/10/12 Evening Charts Drilling into Energy
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09/09/12 Sunday Night Evening Charts
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09/06/12 Master Economic Data Index Update
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09/05/12 Charting Around the World
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09/04/12 Small-Cap Market Outlook 9.4.12
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08/24/12 Stocks & Bond Yields Meet Resistance
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08/21/12 Small-Cap Market Outlook 8.21.12
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08/14/12 Small-Cap Macro Mosaic 8.14.12
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08/07/12 Small-Cap Market Outlook 8.7.12
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07/31/12 Small-Cap Macro Mosaic 7.31.12
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07/30/12 Monday Morning Musings
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07/25/12 Thoughts on the High Yield Market
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07/24/12 Small-Cap Market Outlook 7.24.12
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07/19/12 Evening Charts focus on Energy
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07/18/12 Evening Charts
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07/17/12 Small-Cap Macro Mosaic 7.17.12
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07/16/12 Monday Morning Musings
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07/10/12 Small-Cap Market Outlook 7.10.12
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07/09/12 Monday Morning Musings
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07/03/12 2Q12 Quarter-End Letter
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07/02/12 4th Ideas Summit Key Takeaways
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06/26/12 Small-Cap Market Outlook 6.26.12
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06/25/12 2Q12 Small-Cap PM Survey Results
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06/21/12 Policy Makers Lag and Morning Charts
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06/19/12 Evening Charts
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06/19/12 Small-Cap Macro Mosaic 6.19.12
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06/15/12 Russell 2000 Margin Breadth
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06/14/12 Evening Charts
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06/12/12 Small-Cap Market Outlook 6.12.12
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06/08/12 Evening Charts
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06/05/12 Small-Cap Macro Mosaic
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05/29/12 Small-Cap Market Outlook 5.29.12
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05/24/12 Small-cap High Yield Screen
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05/22/12 Small-Cap Macro Mosaic
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05/17/12 Top 200 Most Widely Held Small-Caps
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05/15/12 Small-Cap Market Outlook 5.15.12
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05/08/12 The Small-Cap Macro Mosaic 5.8.12
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05/03/12 Small-Cap Earnings Growth Breadth
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05/01/12 Small-Cap Market Outlook 5.1.12
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04/30/12 1Q12 Earnings Surprise & Signaling
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04/25/12 Evening Charts Stocks
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04/25/12 Long-term Adjusted P/E (LTAPE)
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04/24/12 Small-Cap Macro Mosaic 4.24.12
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04/23/12 Evening Charts The IBD 50
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04/17/12 Small-Cap Market Outlook
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04/10/12 The Small-Cap Macro Mosaic 4.10.12
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04/04/12 1Q12 Quarter-End Letter
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04/03/12 Small-Cap Market Outlook 4.3.12
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03/30/12 Evening Charts FR WLL AFAM BID
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03/29/12 Evening Charts HPT MLP RLH SKT
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03/28/12 Conditions Remain Solidly Bullish
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03/27/12 Evening Charts ABG CLH GPI PETM WWW
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03/27/12 The Small-Cap Macro Mosaic 3.27.12
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03/22/12 Blue Chips Send a Bullish Message
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03/20/12 Small-Cap Market Outlook 3.20.12
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03/13/12 Small-Cap Macro Mosaic 3.13.2012
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03/08/12 Is the Low Quality Rally Over?
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03/06/12 Evening Charts KRE
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03/06/12 Small Cap Market Outlook
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02/29/12 Evening Charts ATLS CKEC GPI PAY
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02/28/12 Evening Charts ACC EXR NWE ULTA
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02/28/12 Small-Cap Macro Mosaic 2.28.12
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02/21/12 Small-Cap Market Outlook 2.21.12
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02/16/12 Studying Refi Activity
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02/14/12 Small Cap Macro Mosaic
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02/13/12 Evening Charts AIXG & RSTI
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02/08/12 IMAX Evening Charts
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02/07/12 Evening Charts OI KBW RAS XRM
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02/07/12 Small Cap Market Outlook
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02/06/12 Buyer Capitulation? Not Yet!
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02/06/12 Evening Charts APKT and CW
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01/31/12 Small Cap Macro Mosaic
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01/30/12 Drivers to Stocks Firing
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01/24/12 Small-Cap Market Outlook 1.24.12
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01/17/12 Small-Cap Macro Mosaic 1.17.12
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01/12/12 Tantalizing Banks
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01/10/12 Small-Cap Market Outlook 1.10.12
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01/04/12 2011 Year-End Letter
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01/03/12 Our Year Ahead Outlook
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12/21/11 Unemployment and Small-Caps
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12/20/11 Small-Cap Macro Mosaic 12.20.11
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12/14/11 2011 Tax Loss Candidates
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12/13/11 Small-Cap Market Outlook 12.13.11
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12/09/11 4Q11 PM Survey Results
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12/06/11 Small-Cap Macro Mosaic 12.6.11
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11/29/11 Small-Cap Market Outlook 11.29.11
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11/22/11 Small-Cap Macro Mosaic 11.22.11
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11/15/11 Small-Cap Market Outlook 11.15.11
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11/11/11 Earnings Surprise and Signaling
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11/08/11 Small-Cap Macro Mosaic 11.8.11
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11/04/11 Earnings Surprise & Signaling
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11/01/11 Small-Cap Market Outlook 11.1.11
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10/25/11 Small Cap Macro Mosaic 10.25.11
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10/24/11 What is Working in the 4Q Rally
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10/19/11 Thoughts
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10/18/11 Small-Cap Market Outlook 10.18.11
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10/11/11 Small-Cap Macro Mosaic 10.11.11
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10/10/11 The Remarkable Greenwich Express
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10/06/11 Earnings and Europe
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10/04/11 Small-Cap Market Outlook 10.4.2011
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10/03/11 3Q11 Quarter Letter
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09/27/11 Small-Cap Macro Mosaic 9.27.11
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09/20/11 Small-Cap Market Outlook 9.20.11
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09/13/11 Small-Cap Macro Mosaic
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09/12/11 3Q11 PM Survey Results
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09/08/11 Thoughts and Green Shoots
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09/06/11 Small-Cap Market Outlook 9.6.11
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08/30/11 Small Cap Macro Mosaic
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08/26/11 The Great Investor
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08/23/11 Small-Cap Market Outlook 8.23.11
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08/22/11 Monday Morning Musings
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08/16/11 Small-Cap Macro Mosaic 8.16.11
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08/11/11 Macro Thoughts in an Uncertain World
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08/09/11 Small-Cap Market Outlook 8.9.11
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08/05/11 Earnings Surprise & Signaling 8.5.11
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08/02/11 Small-Cap Macro Mosaic
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08/01/11 Earnings Surprise & Signaling
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07/26/11 Small-Cap Market Outlook 7.26.11
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07/20/11 Strong ROA Growth Small-Caps
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07/19/11 Small Cap Macro Mosaic 7.19.11
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07/18/11 Monday Morning Musings: It's Time
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07/13/11 Technical Chart Book 7.13.11
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07/12/11 Small-Cap Market Outlook
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07/11/11 Unleash the Beast, Mr. President
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07/06/11 2nd Portfolio Managers Ideas Summit
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07/01/11 2Q11 Quarter Letter
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06/27/11 Small-Cap Market Outlook 6.28.11
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06/21/11 Small-Cap Macro Mosaic 6.21.11
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06/20/11 Technical Chart Book
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06/17/11 Small-Cap PM Survey Results
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06/14/11 Small-Cap Market Outlook 6.14.11
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06/08/11 Analyzing Sober Bernanke Speech
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06/07/11 Small-Cap Macro Mosaic 6.7.11
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06/02/11 All Not Well. The Fed will Arrive.
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05/31/11 Small-Cap Market Outlook 5.31.11
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05/24/11 Small-Cap Macro Mosaic 5.24.11
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05/19/11 Small-Cap Margins Ex-Financials
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05/17/11 Small-Cap Market Outlook 5.17.11
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05/12/11 Troubling 10-Year Yields
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05/11/11 Wall Street's Current Flawed Truth
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05/10/11 Small-Cap Macro Mosaic 5.10.2011
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05/06/11 1Q11 Earnings Surprise & Signaling
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05/05/11 Cyclically Adjusted Small-Cap P/E
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05/03/11 Small-Cap Market Outlook 5.3.2011
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04/26/11 Small-Cap Macro Mosaic 4.26.11
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04/19/11 Small-Cap Market Outlook 4.19.2011
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04/18/11 Monday Morning Musings
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04/12/11 Small-Cap Macro Mosaic 4.12.2011
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04/11/11 High Beta, High ROA Stocks
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04/05/11 Small-Cap Market Outlook 4.5.2011
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04/04/11 1Q11 Quarter-End Letter
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04/04/11 What Would Bernanke Do?
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03/29/11 Small Cap Macro Mosaic
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03/25/11 High Growth Stocks With High ROIC
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03/24/11 A Fictional Monetary Conversation
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03/22/11 Small-Cap Market Outlook 3.22.11
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03/21/11 Small-Cap PM Survey Results
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03/15/11 The Small-Cap Macro Mosaic
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03/14/11 Monday Morning Musings
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03/08/11 Small-Cap Market Outlook
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03/01/11 Small-Cap Macro Mosaic
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02/25/11 Earnings Surprise & Signaling 4Q10
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02/24/11 Equity Markets Glass Half Full
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02/22/11 Small-Cap Market Outlook
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02/18/11 Earnings Signal and Surprise
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02/18/11 Technical Model Portfolio Update
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02/17/11 Top 200 Most Widely Held Small-Caps
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02/15/11 Small-Cap Macro Mosaic
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02/11/11 Earnings Surprise & Signaling
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02/08/11 Small-Cap Market Outlook
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02/04/11 Earnings Surprise & Signaling
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02/01/11 Small-Cap Macro Mosaic
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01/28/11 Earnings Signal & Surprise 4Q10
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01/25/11 Small-Cap Market Outlook 1.25.11
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01/19/11 Technical Model Portfolio Update
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01/18/11 Small-Cap Macro Mosaic
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01/11/11 Small-Cap Market Outlook 1.11.11
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01/10/11 High Growth Stock Screen
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01/06/11 The Case for Small-Caps
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01/05/11 2010 Small-Cap Year-End Letter
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01/04/11 Hungry for Equities
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01/03/11 An Inspiring Story
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12/21/10 Small-Cap Market Mosaic
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12/14/10 Small-Cap Market Outlook
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12/13/10 2011: Our Year Ahead Outlook
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12/07/10 Small-Cap Macro Mosaic
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11/30/10 Small-Cap Market Outlook 11.30.2010
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11/23/10 Small-Cap Macro Mosaic 11.23.2010
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11/16/10 Small Cap Market Outlook
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11/15/10 US Government 10Yr Rates Are Rising
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11/12/10 Earnings Surprise and Signal Vol 3
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11/11/10 Employment Poised to Brighten
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11/09/10 Small Cap Macro Mosaic
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11/08/10 Monday Musings
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11/05/10 R2000 Chart Updates
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11/02/10 Small Cap Market Outlook
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11/01/10 The New Equity Bull Market
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10/26/10 Small Cap Macro Mosaic
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10/19/10 Small Cap Market Outlook
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10/18/10 Monday Morning Musings
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10/12/10 Small Cap Macro Mosaic
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10/05/10 Small Cap Market Outlook
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10/04/10 3Q 2010 Quarterly Letter
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09/28/10 Small Cap Macro Mosaic
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09/28/10 Being Ben Bernanke
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09/21/10 Small Cap Market Outlook
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09/20/10 Conversation with a Wise Old Man
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09/16/10 3Q 2010 Earnings May Rock Your World
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09/15/10 Stocks to Own for the Next Decade
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09/14/10 Small Cap Macro Mosaic
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09/13/10 3Q 2010 Portfolio Manager Survey
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09/09/10 Looking for Optimistic Signs
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09/08/10 Small Cap Market Outlook
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08/31/10 Small Cap Macro Mosaic
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08/24/10 Small Cap Market Outlook
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08/17/10 Small Cap Macro Mosaic
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08/13/10 Earnings Signal and Surprise
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08/10/10 Small Cap Market Outlook
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08/10/10 Fed Moves Do Not Excite Us
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08/06/10 Earnings Signal and Surprise
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08/03/10 Small Cap Market Mosaic
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07/28/10 Technical Model Portfolio Vol 4
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07/27/10 Small Cap Market Outlook
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07/23/10 Earnings Signal and Surprise Report
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07/20/10 Small Cap Macro Mosaic
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07/19/10 Did the Fed Just Say to Sell Equites
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07/13/10 Small Cap Market Outlook
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07/07/10 Three Special Studies
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07/02/10 2Q 2010 Letter
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07/01/10 The Best and Worst YTD R2000 Stocks
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06/29/10 Small Cap Market Outlook
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06/24/10 Climbing Down the Mountain
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06/22/10 Small Cap Macro Mosaic
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06/15/10 Small Cap Market Outlook
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06/08/10 Small Cap Macro Mosaic
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06/02/10 Small Cap Market Outlook
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06/01/10 Funds Top 200 Small Cap Holdings
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05/25/10 Small Cap Macro Mosaic
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05/21/10 Bears Sure are Confident
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05/18/10 The Small-Cap Market Outlook
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05/11/10 Small Cap Mosaic
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05/07/10 Correction or Collapse
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05/04/10 Small-Cap Market Outlook
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05/03/10 Portfolio Manager Survey Results
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04/30/10 1Q10 Earnings Signaling & Surprise
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04/27/10 4.27.10 Small-Cap Macro Mosaic
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04/20/10 Small-Cap Market Outlook
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04/14/10 Screening for Health Care Winners
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04/13/10 THE Small Cap Review
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04/06/10 Small-Cap Technical Update
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04/05/10 1Q 2010 Letter
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03/30/10 THE Small-Cap Review
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03/23/10 Small-Cap Technical Update
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03/16/10 THE Small-Cap Review
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03/08/10 Technical Update
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03/01/10 THE Small-Cap Review
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02/22/10 Technical Update
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02/16/10 THE Small Cap Review 2 16 2010
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02/09/10 Small-Cap Technical Update 2.9.10
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02/02/10 THE Small-Cap Review
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01/29/10 Earnings Surprise & Signaling
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01/27/10 High Earnings Growth & ROIC Screen
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01/25/10 The Small-Cap Technical Update
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01/19/10 THE Small Cap Review
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01/12/10 World and Market View: 3 Key Trends
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01/12/10 THE Small-Cap Technical Update
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01/11/10 Health Care Stocks with Momentum
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01/07/10 Drilling Down in R2000 Energy Stocks
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01/06/10 2009 Small-Cap Year-End Letter
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01/04/10 2010 Outlook
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12/21/09 THE Small-Cap Review Dec 22 2009
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12/21/09 Humorous Strange Cocktails
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12/15/09 Small-Cap Technical Update
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12/07/09 THE Small-Cap Review Dec 8th 2009
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11/24/09 THE Small-Cap Review Nov 24th 09
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11/17/09 Small-Cap Technical Update
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11/10/09 THE Small-Cap Review Nov. 10 2009
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11/06/09 Earnings Surprise & Signaling Report
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10/29/09 The Inevitable Correction
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10/27/09 THE Small-Cap Review October 27 2009
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10/21/09 Money Growth and Small-Cap Returns.
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10/19/09 Technical Update Oct. 20th 2009
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10/13/09 THE Small-Cap Review Oct. 13th 2009
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10/07/09 Small-cap Rally in Context 10.7.2009
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10/06/09 Small-Cap Technical Update 10.6.09
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10/05/09 Monday Morning Musing Oct 5th 2009
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09/29/09 THE Small-Cap Review Sept 29th 2009
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09/15/09 THE Small-Cap Review Sept 15th 09
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09/01/09 THE Small-Cap Review Sept 1 2009
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08/26/09 Housing Puts in a Bottom.
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08/24/09 8.25.09 Small-Cap Technical Update
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08/24/09 The Meaning of 2Q09 Earnings
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08/20/09 Comments on Bernanke, China, R2000
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08/18/09 THE Small-Cap Review
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08/10/09 8.11 Small-Cap Technical Update
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08/04/09 08.04 Small-Cap Review
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07/30/09 Small-Cap Financial Drill Down
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07/27/09 07.28 Technical Update
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07/23/09 06.23 Small Cap Review
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07/21/09 07.21 Small-Cap Review
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07/13/09 7.14 Small-Cap Technical Update
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07/02/09 2Q09 Quarter End Letter
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06/30/09 06.30 Small-Cap Technical Update
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06/08/09 06.08 Small Cap Review
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06/08/09 “Small-Caps & Unemployment”
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05/27/09 05.27 Small Cap Review
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05/13/09 “84% R2000 Reported 1Q09 Earnings”
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05/12/09 05.12 Small Cap Review
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05/08/09 “Upgrading Energy to Outperform”
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05/07/09 “63% R2000 Reported 1Q09 Earnings”
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04/29/09 “Energy Stocks with Momentum”
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04/28/09 04.28 Small Cap Review
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04/26/09 “Leading Technology Stocks”
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04/20/09 “M&A News Continues to Heat Up.”
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04/14/09 04.14 Small Cap Review
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04/08/09 “Materials Breakout Surprises Us”
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04/07/09 4.7 Small-Cap Technical Update
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04/06/09 “1Q09 Small-Cap Dream Team”
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04/02/09 “1Q09 Quarter-End Letter”
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03/30/09 “Small-Cap Valuation”
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03/24/09 3.24 Small-Cap Technical Update
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03/18/09 “Homeward Bounds”
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03/17/09 03.17 Small Cap Review
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03/10/09 3.10 Small-Cap Technical Update
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03/09/09 “Charts for a Monday Morning”
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03/04/09 “Small-Cap Bear Market Perspectives”
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03/03/09 03.03 Small Cap Review
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02/25/09 “Stocks Left for Dead”
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02/24/09 2.24 Small-Cap Technical Update
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02/17/09 02.17 Small Cap Review
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02/10/09 2.10 Small-Cap Technical Update
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02/03/09 02.03. Small Cap Review
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01/29/09 “Homeward Bounds”
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01/05/09 “2008 Year-End Letter”
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01/05/09 2008 Year End Letter
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12/16/08 12.16 Small-Cap Technical Update
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12/10/08 3Q08 R2000 Earnings (Loss) Update
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12/02/08 12.2 Small-Cap Technical Update
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11/28/08 Contango Oil & Gas Co. (MCF)
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Latest Research
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06/13/13 Unemployment and Market Returns
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06/12/13 2013 R2000 Earnings Outlook
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06/11/13 Small-Cap Market Outlook 6.11.13
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06/10/13 Sunday Evening Charts
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06/06/13 Morning Charts
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06/04/13 Small-Cap Macro Mosaic
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05/28/13 Small-Cap Market Outlook 5.28.13
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05/27/13 Sunday Evening Charts
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05/22/13 Insights from the Road
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05/22/13 Our Marketing Deck
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05/21/13 Small-Cap Macro Mosaic 5.21.13
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05/14/13 Small-Cap Market Outlook 5.14.13
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05/13/13 The Reawakening of Young Ambition
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05/09/13 Master Economic Data Index Update
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05/07/13 Small-Cap Macro Mosaic 5.7.13
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05/05/13 Sunday Evening Charts
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05/03/13 1Q13 Earnings Update
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05/02/13 On Our Mind - Waiting Game Continues
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04/30/13 Small-Cap Market Outlook 4.30.13
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04/23/13 Small-Cap Macro Mosaic 4.23.13
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04/19/13 Searching for the Tell
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04/16/13 Small Cap Market Outlook
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04/12/13 A Detailed Analysis of 1Q13 Earnings
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04/09/13 Small-Cap Macro Mosaic
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04/07/13 Sunday Evening Charts
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04/05/13 1Q13 Quarter End Letter
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04/02/13 Small-Cap Market Outlook 4.2.13
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04/01/13 Small-Cap Thoughts
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03/26/13 Small-Cap Macro Mosaic 3.26.13
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03/24/13 Sunday Evening Charts
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03/22/13 Master Economic Data Index Update
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03/20/13 Examining Small-cap Correlation
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03/19/13 Small-Cap Market Outlook 3.19.13
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03/18/13 Fed Wealth Effect Monitoring
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03/12/13 Small-Cap Macro Mosaic 3.12.13
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03/11/13 Examining Small-cap Market Gyrations
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03/09/13 Sunday Evening Charts - a Day Early
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03/07/13 Sports and Investment Comfort Zones
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03/05/13 A Walk Through our Outlook
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03/05/13 Small-Cap Market Outlook 3.5.13
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02/28/13 Breaking Out is Hard to Do
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02/27/13 The Optimistic Old Man Revisited
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02/26/13 Small-Cap Macro Mosaic 2.26.13
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02/24/13 Sunday Evening Charts
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02/20/13 Top 200 Most Widely Held Small-Caps
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02/19/13 Small Cap Thoughts On My Mind
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02/19/13 Small-Cap Market Outlook 2.19.13
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02/12/13 Small-Cap Macro Mosaic 2.12.13
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02/11/13 Evening Charts
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02/07/13 On My Mind
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02/05/13 Small-Cap Market Outlook
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02/02/13 Sunday Evening Charts
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01/30/13 R2000 Stock Returns Dispersion
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01/29/13 The Small-Cap Macro Mosaic 1.29.13
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01/24/13 Small‐Cap Earnings Uncertainty
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01/22/13 Small-Cap Market Outlook 1.22.13
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01/20/13 Sunday Evening Charts
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01/13/13 Sunday Evening Charts
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01/09/13 Data Dabbling in Pretty Pictures
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01/08/13 Small-Cap Market Outlook
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01/07/13 2012 Year-End Letter
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01/06/13 Sunday Evening Charts
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12/21/12 Small-Cap Industrials Drill-Down
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12/19/12 Master Economic Data Index Update
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12/18/12 Small-Cap Macro Mosaic 12.18.12
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12/13/12 2013: The Year Ahead
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12/11/12 Small-Cap Market Outlook 12.11.12
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12/09/12 Sunday Evening Charts
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12/04/12 Evening Charts - Trending Stocks
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12/04/12 Small-Cap Macro Mosaic 12.4.12
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12/02/12 Sunday Evening Charts & Musings
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11/30/12 Understanding QE’s Dirty Secret
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11/27/12 Small-Cap Market Outlook 11.27.12
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11/20/12 Small-Cap Macro Mosaic 11.20.12
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11/19/12 The Capital Pain Trade
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11/19/12 Top 200 Most Widely Held Small-Caps
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11/18/12 Sunday Evening Charts
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11/13/12 Small-Cap Market Outlook 11.13.12
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11/12/12 Diagramming the Fiscal Cliff
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11/11/12 Sunday Evening Charts
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11/07/12 Elections Have Consequences
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11/06/12 Small-Cap Macro Mosaic 11.6.12
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11/04/12 Sunday Evening Charts
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11/02/12 Master Economic Data Index Update
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10/30/12 Small Cap Market Outlook
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10/28/12 Sunday Evening Charts
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10/23/12 Small-Cap Macro Mosaic 10.23.12
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10/16/12 Small-Cap Market Outlook 10.16.12
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10/14/12 Sunday Evening Charts and Musings
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10/09/12 Small-Cap Macro Mosaic 10.9.12
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10/07/12 Sunday Evening Charts and Musings
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10/03/12 3Q12 Quarter-End Letter
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10/02/12 Small-Cap Market Outlook 10.2.12
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09/30/12 Sunday Evening Charts
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09/27/12 Battle of the Breakout
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09/26/12 Musings
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09/25/12 Small-Cap Macro Mosaic 9.25.12
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09/23/12 Sunday Evening Charts
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09/18/12 Low Quality Leadership Study
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09/18/12 Small-Cap Market Outlook 9.18.12
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09/12/12 More Breakout Charts
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09/11/12 Small-Cap Macro Mosaic
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09/10/12 Evening Charts Drilling into Energy
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09/09/12 Sunday Night Evening Charts
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09/06/12 Master Economic Data Index Update
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09/05/12 Charting Around the World
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09/04/12 Small-Cap Market Outlook 9.4.12
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08/24/12 Stocks & Bond Yields Meet Resistance
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08/21/12 Small-Cap Market Outlook 8.21.12
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08/14/12 Small-Cap Macro Mosaic 8.14.12
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08/07/12 Small-Cap Market Outlook 8.7.12
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07/31/12 Small-Cap Macro Mosaic 7.31.12
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07/30/12 Monday Morning Musings
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07/25/12 Thoughts on the High Yield Market
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07/24/12 Small-Cap Market Outlook 7.24.12
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07/19/12 Evening Charts focus on Energy
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07/18/12 Evening Charts
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07/17/12 Small-Cap Macro Mosaic 7.17.12
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07/16/12 Monday Morning Musings
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07/10/12 Small-Cap Market Outlook 7.10.12
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07/09/12 Monday Morning Musings
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07/03/12 2Q12 Quarter-End Letter
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07/02/12 4th Ideas Summit Key Takeaways
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06/26/12 Small-Cap Market Outlook 6.26.12
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06/25/12 2Q12 Small-Cap PM Survey Results
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06/21/12 Policy Makers Lag and Morning Charts
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06/19/12 Evening Charts
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06/19/12 Small-Cap Macro Mosaic 6.19.12
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06/15/12 Russell 2000 Margin Breadth
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06/14/12 Evening Charts
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06/12/12 Small-Cap Market Outlook 6.12.12
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06/08/12 Evening Charts
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06/05/12 Small-Cap Macro Mosaic
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05/29/12 Small-Cap Market Outlook 5.29.12
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05/24/12 Small-cap High Yield Screen
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05/22/12 Small-Cap Macro Mosaic
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05/17/12 Top 200 Most Widely Held Small-Caps
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05/15/12 Small-Cap Market Outlook 5.15.12
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05/08/12 The Small-Cap Macro Mosaic 5.8.12
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05/03/12 Small-Cap Earnings Growth Breadth
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05/01/12 Small-Cap Market Outlook 5.1.12
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04/30/12 1Q12 Earnings Surprise & Signaling
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04/25/12 Evening Charts Stocks
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04/25/12 Long-term Adjusted P/E (LTAPE)
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04/24/12 Small-Cap Macro Mosaic 4.24.12
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04/23/12 Evening Charts The IBD 50
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04/17/12 Small-Cap Market Outlook
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04/10/12 The Small-Cap Macro Mosaic 4.10.12
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04/04/12 1Q12 Quarter-End Letter
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04/03/12 Small-Cap Market Outlook 4.3.12
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03/30/12 Evening Charts FR WLL AFAM BID
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03/29/12 Evening Charts HPT MLP RLH SKT
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03/28/12 Conditions Remain Solidly Bullish
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03/27/12 Evening Charts ABG CLH GPI PETM WWW
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03/27/12 The Small-Cap Macro Mosaic 3.27.12
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03/22/12 Blue Chips Send a Bullish Message
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03/20/12 Small-Cap Market Outlook 3.20.12
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03/13/12 Small-Cap Macro Mosaic 3.13.2012
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03/08/12 Is the Low Quality Rally Over?
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03/06/12 Evening Charts KRE
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03/06/12 Small Cap Market Outlook
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02/29/12 Evening Charts ATLS CKEC GPI PAY
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02/28/12 Evening Charts ACC EXR NWE ULTA
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02/28/12 Small-Cap Macro Mosaic 2.28.12
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02/21/12 Small-Cap Market Outlook 2.21.12
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02/16/12 Studying Refi Activity
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02/14/12 Small Cap Macro Mosaic
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02/13/12 Evening Charts AIXG & RSTI
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02/08/12 IMAX Evening Charts
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02/07/12 Evening Charts OI KBW RAS XRM
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02/07/12 Small Cap Market Outlook
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02/06/12 Buyer Capitulation? Not Yet!
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02/06/12 Evening Charts APKT and CW
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01/31/12 Small Cap Macro Mosaic
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01/30/12 Drivers to Stocks Firing
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01/24/12 Small-Cap Market Outlook 1.24.12
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01/17/12 Small-Cap Macro Mosaic 1.17.12
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01/12/12 Tantalizing Banks
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01/10/12 Small-Cap Market Outlook 1.10.12
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01/04/12 2011 Year-End Letter
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01/03/12 Our Year Ahead Outlook
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12/21/11 Unemployment and Small-Caps
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12/20/11 Small-Cap Macro Mosaic 12.20.11
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12/14/11 2011 Tax Loss Candidates
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12/13/11 Small-Cap Market Outlook 12.13.11
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12/09/11 4Q11 PM Survey Results
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12/06/11 Small-Cap Macro Mosaic 12.6.11
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11/29/11 Small-Cap Market Outlook 11.29.11
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11/22/11 Small-Cap Macro Mosaic 11.22.11
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11/15/11 Small-Cap Market Outlook 11.15.11
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11/11/11 Earnings Surprise and Signaling
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11/08/11 Small-Cap Macro Mosaic 11.8.11
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11/04/11 Earnings Surprise & Signaling
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11/01/11 Small-Cap Market Outlook 11.1.11
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10/25/11 Small Cap Macro Mosaic 10.25.11
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10/24/11 What is Working in the 4Q Rally
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10/19/11 Thoughts
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10/18/11 Small-Cap Market Outlook 10.18.11
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10/11/11 Small-Cap Macro Mosaic 10.11.11
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10/10/11 The Remarkable Greenwich Express
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10/06/11 Earnings and Europe
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10/04/11 Small-Cap Market Outlook 10.4.2011
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10/03/11 3Q11 Quarter Letter
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09/27/11 Small-Cap Macro Mosaic 9.27.11
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09/20/11 Small-Cap Market Outlook 9.20.11
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09/13/11 Small-Cap Macro Mosaic
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09/12/11 3Q11 PM Survey Results
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09/08/11 Thoughts and Green Shoots
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09/06/11 Small-Cap Market Outlook 9.6.11
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08/30/11 Small Cap Macro Mosaic
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08/26/11 The Great Investor
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08/23/11 Small-Cap Market Outlook 8.23.11
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08/22/11 Monday Morning Musings
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08/16/11 Small-Cap Macro Mosaic 8.16.11
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08/11/11 Macro Thoughts in an Uncertain World
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08/09/11 Small-Cap Market Outlook 8.9.11
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08/05/11 Earnings Surprise & Signaling 8.5.11
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08/02/11 Small-Cap Macro Mosaic
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08/01/11 Earnings Surprise & Signaling
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07/26/11 Small-Cap Market Outlook 7.26.11
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07/20/11 Strong ROA Growth Small-Caps
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07/19/11 Small Cap Macro Mosaic 7.19.11
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07/18/11 Monday Morning Musings: It's Time
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07/13/11 Technical Chart Book 7.13.11
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07/12/11 Small-Cap Market Outlook
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07/11/11 Unleash the Beast, Mr. President
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07/06/11 2nd Portfolio Managers Ideas Summit
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07/01/11 2Q11 Quarter Letter
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06/27/11 Small-Cap Market Outlook 6.28.11
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06/21/11 Small-Cap Macro Mosaic 6.21.11
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06/20/11 Technical Chart Book
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06/17/11 Small-Cap PM Survey Results
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06/14/11 Small-Cap Market Outlook 6.14.11
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06/08/11 Analyzing Sober Bernanke Speech
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06/07/11 Small-Cap Macro Mosaic 6.7.11
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06/02/11 All Not Well. The Fed will Arrive.
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05/31/11 Small-Cap Market Outlook 5.31.11
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05/24/11 Small-Cap Macro Mosaic 5.24.11
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05/19/11 Small-Cap Margins Ex-Financials
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05/17/11 Small-Cap Market Outlook 5.17.11
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05/12/11 Troubling 10-Year Yields
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05/11/11 Wall Street's Current Flawed Truth
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05/10/11 Small-Cap Macro Mosaic 5.10.2011
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05/06/11 1Q11 Earnings Surprise & Signaling
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05/05/11 Cyclically Adjusted Small-Cap P/E
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05/03/11 Small-Cap Market Outlook 5.3.2011
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04/26/11 Small-Cap Macro Mosaic 4.26.11
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04/19/11 Small-Cap Market Outlook 4.19.2011
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04/18/11 Monday Morning Musings
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04/12/11 Small-Cap Macro Mosaic 4.12.2011
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04/11/11 High Beta, High ROA Stocks
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04/05/11 Small-Cap Market Outlook 4.5.2011
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04/04/11 1Q11 Quarter-End Letter
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04/04/11 What Would Bernanke Do?
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03/29/11 Small Cap Macro Mosaic
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03/25/11 High Growth Stocks With High ROIC
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03/24/11 A Fictional Monetary Conversation
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03/22/11 Small-Cap Market Outlook 3.22.11
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03/21/11 Small-Cap PM Survey Results
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03/15/11 The Small-Cap Macro Mosaic
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03/14/11 Monday Morning Musings
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03/08/11 Small-Cap Market Outlook
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03/01/11 Small-Cap Macro Mosaic
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02/25/11 Earnings Surprise & Signaling 4Q10
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02/24/11 Equity Markets Glass Half Full
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02/22/11 Small-Cap Market Outlook
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02/18/11 Earnings Signal and Surprise
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02/18/11 Technical Model Portfolio Update
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02/17/11 Top 200 Most Widely Held Small-Caps
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02/15/11 Small-Cap Macro Mosaic
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02/11/11 Earnings Surprise & Signaling
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02/08/11 Small-Cap Market Outlook
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02/04/11 Earnings Surprise & Signaling
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02/01/11 Small-Cap Macro Mosaic
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01/28/11 Earnings Signal & Surprise 4Q10
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01/25/11 Small-Cap Market Outlook 1.25.11
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01/19/11 Technical Model Portfolio Update
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01/18/11 Small-Cap Macro Mosaic
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01/11/11 Small-Cap Market Outlook 1.11.11
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01/10/11 High Growth Stock Screen
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01/06/11 The Case for Small-Caps
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01/05/11 2010 Small-Cap Year-End Letter
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01/04/11 Hungry for Equities
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01/03/11 An Inspiring Story
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12/21/10 Small-Cap Market Mosaic
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12/14/10 Small-Cap Market Outlook
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12/13/10 2011: Our Year Ahead Outlook
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12/07/10 Small-Cap Macro Mosaic
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11/30/10 Small-Cap Market Outlook 11.30.2010
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11/23/10 Small-Cap Macro Mosaic 11.23.2010
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11/16/10 Small Cap Market Outlook
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11/15/10 US Government 10Yr Rates Are Rising
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11/12/10 Earnings Surprise and Signal Vol 3
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11/11/10 Employment Poised to Brighten
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11/09/10 Small Cap Macro Mosaic
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11/08/10 Monday Musings
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11/05/10 R2000 Chart Updates
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11/02/10 Small Cap Market Outlook
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11/01/10 The New Equity Bull Market
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10/26/10 Small Cap Macro Mosaic
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10/19/10 Small Cap Market Outlook
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10/18/10 Monday Morning Musings
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10/12/10 Small Cap Macro Mosaic
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10/05/10 Small Cap Market Outlook
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10/04/10 3Q 2010 Quarterly Letter
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09/28/10 Small Cap Macro Mosaic
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09/28/10 Being Ben Bernanke
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09/21/10 Small Cap Market Outlook
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09/20/10 Conversation with a Wise Old Man
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09/16/10 3Q 2010 Earnings May Rock Your World
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09/15/10 Stocks to Own for the Next Decade
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09/14/10 Small Cap Macro Mosaic
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09/13/10 3Q 2010 Portfolio Manager Survey
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09/09/10 Looking for Optimistic Signs
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09/08/10 Small Cap Market Outlook
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08/31/10 Small Cap Macro Mosaic
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08/24/10 Small Cap Market Outlook
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08/17/10 Small Cap Macro Mosaic
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08/13/10 Earnings Signal and Surprise
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08/10/10 Small Cap Market Outlook
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08/10/10 Fed Moves Do Not Excite Us
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08/06/10 Earnings Signal and Surprise
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08/03/10 Small Cap Market Mosaic
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07/28/10 Technical Model Portfolio Vol 4
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07/27/10 Small Cap Market Outlook
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07/23/10 Earnings Signal and Surprise Report
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07/20/10 Small Cap Macro Mosaic
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07/19/10 Did the Fed Just Say to Sell Equites
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07/13/10 Small Cap Market Outlook
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07/07/10 Three Special Studies
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07/02/10 2Q 2010 Letter
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07/01/10 The Best and Worst YTD R2000 Stocks
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06/29/10 Small Cap Market Outlook
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06/24/10 Climbing Down the Mountain
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06/22/10 Small Cap Macro Mosaic
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06/15/10 Small Cap Market Outlook
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06/08/10 Small Cap Macro Mosaic
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06/02/10 Small Cap Market Outlook
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06/01/10 Funds Top 200 Small Cap Holdings
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05/25/10 Small Cap Macro Mosaic
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05/21/10 Bears Sure are Confident
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05/18/10 The Small-Cap Market Outlook
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05/11/10 Small Cap Mosaic
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05/07/10 Correction or Collapse
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05/04/10 Small-Cap Market Outlook
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05/03/10 Portfolio Manager Survey Results
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04/30/10 1Q10 Earnings Signaling & Surprise
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04/27/10 4.27.10 Small-Cap Macro Mosaic
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04/20/10 Small-Cap Market Outlook
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04/14/10 Screening for Health Care Winners
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04/13/10 THE Small Cap Review
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04/06/10 Small-Cap Technical Update
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04/05/10 1Q 2010 Letter
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03/30/10 THE Small-Cap Review
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03/23/10 Small-Cap Technical Update
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03/16/10 THE Small-Cap Review
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03/08/10 Technical Update
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03/01/10 THE Small-Cap Review
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02/22/10 Technical Update
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02/16/10 THE Small Cap Review 2 16 2010
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02/09/10 Small-Cap Technical Update 2.9.10
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02/02/10 THE Small-Cap Review
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01/29/10 Earnings Surprise & Signaling
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01/27/10 High Earnings Growth & ROIC Screen
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01/25/10 The Small-Cap Technical Update
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01/19/10 THE Small Cap Review
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01/12/10 World and Market View: 3 Key Trends
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01/12/10 THE Small-Cap Technical Update
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01/11/10 Health Care Stocks with Momentum
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01/07/10 Drilling Down in R2000 Energy Stocks
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01/06/10 2009 Small-Cap Year-End Letter
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01/04/10 2010 Outlook
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12/21/09 THE Small-Cap Review Dec 22 2009
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12/21/09 Humorous Strange Cocktails
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12/15/09 Small-Cap Technical Update
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12/07/09 THE Small-Cap Review Dec 8th 2009
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11/24/09 THE Small-Cap Review Nov 24th 09
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11/17/09 Small-Cap Technical Update
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11/10/09 THE Small-Cap Review Nov. 10 2009
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11/06/09 Earnings Surprise & Signaling Report
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10/29/09 The Inevitable Correction
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10/27/09 THE Small-Cap Review October 27 2009
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10/21/09 Money Growth and Small-Cap Returns.
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10/19/09 Technical Update Oct. 20th 2009
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10/13/09 THE Small-Cap Review Oct. 13th 2009
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10/07/09 Small-cap Rally in Context 10.7.2009
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10/06/09 Small-Cap Technical Update 10.6.09
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10/05/09 Monday Morning Musing Oct 5th 2009
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09/29/09 THE Small-Cap Review Sept 29th 2009
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09/15/09 THE Small-Cap Review Sept 15th 09
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09/01/09 THE Small-Cap Review Sept 1 2009
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08/26/09 Housing Puts in a Bottom.
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08/24/09 8.25.09 Small-Cap Technical Update
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08/24/09 The Meaning of 2Q09 Earnings
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08/20/09 Comments on Bernanke, China, R2000
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08/18/09 THE Small-Cap Review
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08/10/09 8.11 Small-Cap Technical Update
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08/04/09 08.04 Small-Cap Review
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07/30/09 Small-Cap Financial Drill Down
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07/27/09 07.28 Technical Update
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07/23/09 06.23 Small Cap Review
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07/21/09 07.21 Small-Cap Review
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07/13/09 7.14 Small-Cap Technical Update
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07/02/09 2Q09 Quarter End Letter
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06/30/09 06.30 Small-Cap Technical Update
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06/08/09 06.08 Small Cap Review
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06/08/09 “Small-Caps & Unemployment”
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05/27/09 05.27 Small Cap Review
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05/13/09 “84% R2000 Reported 1Q09 Earnings”
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05/12/09 05.12 Small Cap Review
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05/08/09 “Upgrading Energy to Outperform”
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05/07/09 “63% R2000 Reported 1Q09 Earnings”
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04/29/09 “Energy Stocks with Momentum”
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04/28/09 04.28 Small Cap Review
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04/26/09 “Leading Technology Stocks”
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04/20/09 “M&A News Continues to Heat Up.”
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04/14/09 04.14 Small Cap Review
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04/08/09 “Materials Breakout Surprises Us”
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04/07/09 4.7 Small-Cap Technical Update
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04/06/09 “1Q09 Small-Cap Dream Team”
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04/02/09 “1Q09 Quarter-End Letter”
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03/30/09 “Small-Cap Valuation”
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03/24/09 3.24 Small-Cap Technical Update
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03/18/09 “Homeward Bounds”
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03/17/09 03.17 Small Cap Review
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03/10/09 3.10 Small-Cap Technical Update
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03/09/09 “Charts for a Monday Morning”
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03/04/09 “Small-Cap Bear Market Perspectives”
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03/03/09 03.03 Small Cap Review
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02/25/09 “Stocks Left for Dead”
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02/24/09 2.24 Small-Cap Technical Update
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02/17/09 02.17 Small Cap Review
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02/10/09 2.10 Small-Cap Technical Update
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02/03/09 02.03. Small Cap Review
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01/29/09 “Homeward Bounds”
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01/05/09 “2008 Year-End Letter”
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01/05/09 2008 Year End Letter
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12/16/08 12.16 Small-Cap Technical Update
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12/10/08 3Q08 R2000 Earnings (Loss) Update
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12/02/08 12.2 Small-Cap Technical Update
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11/28/08 Contango Oil & Gas Co. (MCF)
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