Bull Sessions (11/28/2023)

Join us for our monthly screening preparations for Round Table, a few moments with Factfulness and some perspective on the Rule-of-5. Young Warren Buffett's affection for small companies and the January Effect.

In this Bull Sessions episode from November 28, 2023, Mark Robertson and Ken Kavula discuss market performance and investment opportunities in the post-Thanksgiving period. The hosts review Value Line's improving forecast metrics, which have risen to approximately 14.5-15% average return—still below long-term averages but showing positive momentum as year-end pessimism wanes. They examine performance across market segments, noting that while the NASDAQ and S&P 500 have performed strongly (driven by the Magnificent Seven tech stocks), mid-cap and small-cap indices continue to lag despite containing quality opportunities. A significant concern highlighted is the Russell 2000, where approximately 40% of companies are non-earning, making it what the hosts characterize as a challenging and potentially uninvestable index for fundamental analysis-based investors.