Another chippy round of political beer pong By Eric Puga, Fri., Feb. 1, 2019 Tweet print write a letter Adam DeBower (l) and Michael Graham of Austin Beerworks (Photo by John Anderson) “But I like to think of it in terms of this: If this were a movie, would we be the good guys or the bad guys? There is no scenario of this film where we’re not the good guys and they’re not the Empire, just trying to dominate the galaxy through the force. They probably think we’re rebel scum, and maybe we are, but that’s fine.” – Michael Graham, ABW co-founder Here in Texas, the small, plucky craft brewers and the overdetermined parade of wholesale distributors are, unsurprisingly, back at it again for another chippy round of political beer pong in this, the 2019 Texas Legislature. Only this time, the brewers appear more organized by their industry guild and its political arm, CraftPAC, which sounds like either a sugary pudding from the Nineties or a … [Read more...] about The Battle of Small Beer vs. Big Distributors Rages on With Texas To-Go Beer Bill
Large cap vs small cap
Chas Craig We first wrote about Value vs Growth investing in August 2016, noting that value investors concern themselves with buying stocks deemed “cheap” with respect to their earnings or net assets while growth investors place a heavier weighting on a company’s prospects for strong future earnings growth. We revisited the distinction between these two investment “styles” in December 2017 (see: Value vs. Growth Revisited) after large-cap value stocks had underperformed large-cap growth stocks by a wider margin than at any other time except for the height of the tech bubble since the Russell Index series began in 1978. Despite investors being recently underwhelmed by earnings reports from Netflix and Facebook (Facebook declined by 19 percent Thursday), two of the notorious FAANG (Facebook, Amazon, Apple, Netflix and Google) stocks that have been outsized contributors to the post-crisis bull market, growth stocks have continued their yearslong route of … [Read more...] about Capital Perspectives: Value vs. growth delineated by market cap
Small caps have been moving up the ranks among diversified growth stock funds, based on year-to-date performance through May 30. X The three small-cap growth funds making the ETF performance table all finished in the upper half, led by iShares S&P Small-Cap 600 Growth's (IJT) 11.1% year-to-date gain. That's well ahead of the S&P 500's 3.1% return. The ETF is just off a recent record high and is trading near the top of a buy range from a 181.77 buy point. The $5.9 billion fund's biggest sector weighting as of May 31 was health care at nearly 21%. Industrials followed at 20%, information technology 16.5%, and consumer discretionary and financials at roughly 13% each. Top holdings included Chemed (CHE), FirstCash (FCFS), Stamps.com (STMP) and Ligand Pharmaceuticals (LGND). A large-cap growth fund, PowerShares S&P 500 Pure Growth (RPG), came in second with a 10.1% year to date gain. RPG is working on the right side of a shallow base with a potential 117.44 entry. The $2.5 … [Read more...] about Are Small-Cap Growth Stocks The New Market Leaders?
0 View Comments NEW YORK (AP) — The smallest companies have packed twice the punch of their bigger brethren in the last few months, but it might not last. Rising trade tensions between the U.S. and China have battered the stock market overall recently, and the S&P 500, which tracks large U.S. companies, has yet to recover the steep losses it took as investors worried about a possible trade war that could slow the growth of the global economy. Within the market's recent bout of turbulence, however, smaller companies have fared much better than larger ones. Since the market's recent low on Feb. 8, the Russell 2000 index of small company stocks is up 11 percent, almost double the gain of the S&P 500. And the Russell, like the S&P Small Cap 600, has set all-time highs in the last few days. Brent Schutte, the chief investment strategist at Northwestern Mutual Wealth Management in Milwaukee, said the difference can be attributed to the fact that investors anticipate … [Read more...] about Of Mutual Interest: Can small caps keep living large?
What's it like to be a state champion? It's a question longtime Sweet Home boys hockey coach Dave Gerspach never had a chance to answer until March 11, the day of the biggest victory in program history. The question was recently posed to Gerspach again, and it's a safe bet he'll never get tired of answering it. "It's been pretty fantastic," Gerspach said, the state's Division II Coach of the Year. "It's something I thought we'd never accomplish." The Panthers did it and soon will have championship rings to remind them of the feat. The 2017-18 boys hockey season goes down as perhaps one of the best in the history of the Western New York Varsity Hockey Federation and while Sweet Home is a big reason for it, that is only part of the story. Four, count them, four Fed teams played for their respective state championships this past season. Sweet Home won the first ever Section VI vs. Section VI state final when it gained a measure of pay back by beating West Seneca West, 7-5, in the rematch … [Read more...] about 2017-18 Federation boys hockey wrap: Sweet Home’s state title caps great showing by area’s champions