August 5, 2018
Weekly Market Outlook
By Keith Schneider
Stocks regained their footing after Apple reported excellent earnings with all major US equity indexes showing positive returns out pacing global equities in general.
At the moment, China (FXI) has the worst 6 month and current weekly returns as well.
The most interesting theme is that value stocks look to be emerging from a decade long slumber versus growth. This rotation could be a long anticipated resurgence which is not surprising as many stalwarts of growth have just recently thrown in the towel.
The highlights of this week’s market action are the following: