Despite great volatility surrounding events in Japan, Libya, the Middle East, and Europe, the stock market ended little changed in March. Northlake held up very well during the volatility just after the earthquake and tsunami in Japan. As the market rallied into month end, small and mid cap stocks once again asserted leadership, helping Northlake […]
There we no changes to the signals from Northlake’s Market Cap and Style models for March. The favored themes remain Mid Cap and Value. As a result the latest signals, there will be no change in Northlake client holdings dedicated to the models. Clients will continue to own the S&P 400 Mid Cap (MDY) and […]
There were no changes to Northlake’s Market Cap and Style model signals for February. The Market Cap model continues to favor mid cap, while the Style model still recommends value. As a result of the latest signals, Northlake clients will maintain positions in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD). […]
Northlake’s Style model shifted back to Mid Cap for January after a three month run at small cap. As a result, client assets dedicated to the Core and Explore strategy shifted their investment from the Russell 2000 (IWM) into the S&P 400 Mid Cap (MDY). The Style model was unchanged for January, sticking with the […]
Northlake’s Style model shifted back to Value after a one month stay at Growth. The model is in transition with mixed signals that are straddling the line between growth and value. The monthly signal volatility is not unusual when a long running signal reaches its conclusion. Prior to last month, the Style model had been […]
For the first time since the summer of 2009, Northlake’s Style model is recommending Growth over Value. In last month’s commentary, I mentioned this shift was possible as there had been a steady drift in the underlying model factors toward growth. The signal for November changed to growth but is just over the borderline. It […]
Northlake’s Market Cap model shifted back to small cap for October. As a result of the change, all client positions in the S&P 400 Mid Cap (MDY) were sold and replaced by the Russell 2000 (IWM). There were no changes to the Style model, which remains on the long running Value signal. The shift to […]
There were no changes to Northlake’s Market Cap and Style models for September. The Market Cap model is recommending Mid Cap for the third straight month and the Style model is signaling Value as it has since July 2009. With no changes this month, Northlake client assets dedicated to the Core and Explore strategy will […]
There were no changes to Northlake’s Market and Style models for August. The market Cap model continues to recommend Mid Caps and the Style models still favors Value. As a result, Northlake client positions in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD) will be maintained for another month. The Market […]
Northlake’s Market Cap model shifted from small cap to mid cap for July, ending a five month run favoring the small company theme. As a result of the shift, all Northlake client assets invested in the Market Cap model have sold IWM and purchased the S&P 400 Mid Cap (MDY). There was no change to […]
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Mail
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Bayfield, WI 54814
tim@northlakecapital.com
847-226-9713
