After a rough stretch for small cap stocks, Northlake’s Market Cap model shifted from mid cap to large cap. The change was driven mostly by technical and trend indicators that took their cue from the underperformance of small cap stocks in the August and September correction. The external indicators were less decisive, but one factor […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-10-03 16:11:472026-03-17 16:48:09Market Correction and Higher Interest Rates Trigger Shift to Large Cap
There are no changes to the recommendations from Northlake’s Market Cap and Style models for September. The Market Cap model favors mid cap for the third straight month, while the Style model is recommending growth for the sixth consecutive month. Client positions that follow the models will remain invested in the S&P 400 Mid Cap […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-09-01 15:06:452026-03-17 16:48:09Models Stick with Mid Cap and Growth Despite Market Volatility
Activision Blizzard (ATVI): ATVI reported strong 2Q23 results well ahead of analyst consensus. A good launch for the latest Diablo game, ongoing strength in King mobile games, and steady results for Call of Duty and World of Warcraft led to the positive quarter. Analyst estimates moved up for 2023 but less for 2024. The more […]
Northlake’s Market Cap and Style models continue to favor midcap and growth following the latest updates. Client accounts using Northlake’s models will hold the S&P 400 Mid Cap (MDY) and the Russell 1000 Growth (IWF) for at least one more month. The Market Cap model shifted to midcap last month and the new reading shows […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-08-01 14:53:582026-03-17 16:48:09Sticking with Mid Cap and Growth as Stock Market Breadth Expands
IBM (IBM): IBM reported an inline quarter with the normal give and take that any large, diversified corporation will experience. All guidance was reiterated with a slight boost to the growth rate for software revenue. Software was a little better than expected driven by double-digit growth at Red Hat for hybrid cloud and transaction processing […]
During June, the stock market rally expanded beyond large cap growth and megacap tech to include small and mid cap. The S&P 400 mid cap was the best performer among the major capitalization weighted indices in June, producing a total return of 9.2%. The small cap Russell 2000 was next best at 8.0%. The S&P […]
We are sticking with our recommendations for Large Cap and Growth after reviewing the latest output from Northlake’s Market Cap and Style models. For client assets following the models, this means we will hold the S&P 500 (SPY) and the Russell 1000 Growth (IWF) for at least another month. Clients using thematic strategies but not […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-06-01 14:06:032026-03-17 16:48:09Models Sticking with Large Cap and Growth in Uncertain Economic Environment
So far, we have found using Bard GAI to help analyze earnings report to be insightful and fun. Insightful to discover more about the capabilities and shortfalls of GAI and fun to try something different. Several more companies have reported since our last update, and we decided to stick with the same format for Part […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-05-25 21:01:122026-03-17 16:48:38Bard Does Northlake 1Q23 Earnings Updates: Part Two – DIS, NXST, VICI, HD, and WMT
There are no changes to the signals from Northlake’s Market Cap and Style models after the latest update. Last month the models switched to Large Cap and Growth and fresh data shows those signals are even stronger. The technical and trend indicators are leading the way which is not a surprise given the widely discussed […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-05-01 14:55:372026-03-17 16:48:39Last Month’s New Large Cap and Growth Signals Reinforced
Given the excitement surrounding Generative Artificial Intelligence (GAI) since Microsoft and OpenAI released ChatGPT to the public in November, we thought it would be educational, interesting, and fun to let GAI write our regular quarterly earnings updates. ChatGPT only has data through 2021, so we are using Google’s GAI app, Bard. Kind of fun to […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2023-05-01 04:44:572026-03-17 16:48:39Bard Does Northlake 1Q23 Earnings Updates: Part One – IBM, GOOG, ATVI, META, TMUS, and SONY
Market Correction and Higher Interest Rates Trigger Shift to Large Cap
After a rough stretch for small cap stocks, Northlake’s Market Cap model shifted from mid cap to large cap. The change was driven mostly by technical and trend indicators that took their cue from the underperformance of small cap stocks in the August and September correction. The external indicators were less decisive, but one factor […]
Models Stick with Mid Cap and Growth Despite Market Volatility
There are no changes to the recommendations from Northlake’s Market Cap and Style models for September. The Market Cap model favors mid cap for the third straight month, while the Style model is recommending growth for the sixth consecutive month. Client positions that follow the models will remain invested in the S&P 400 Mid Cap […]
2Q23 Earnings Updates: Part Two – ATVI, AAPL, NXST, SONY, DIS, HD, and WMT
Activision Blizzard (ATVI): ATVI reported strong 2Q23 results well ahead of analyst consensus. A good launch for the latest Diablo game, ongoing strength in King mobile games, and steady results for Call of Duty and World of Warcraft led to the positive quarter. Analyst estimates moved up for 2023 but less for 2024. The more […]
Sticking with Mid Cap and Growth as Stock Market Breadth Expands
Northlake’s Market Cap and Style models continue to favor midcap and growth following the latest updates. Client accounts using Northlake’s models will hold the S&P 400 Mid Cap (MDY) and the Russell 1000 Growth (IWF) for at least one more month. The Market Cap model shifted to midcap last month and the new reading shows […]
2Q23 Earnings Updates: Part One – IBM, GOOG/GOOGL, META, VICI, TMUS
IBM (IBM): IBM reported an inline quarter with the normal give and take that any large, diversified corporation will experience. All guidance was reiterated with a slight boost to the growth rate for software revenue. Software was a little better than expected driven by double-digit growth at Red Hat for hybrid cloud and transaction processing […]
Improved Breadth Drives Shift to Mid Cap
During June, the stock market rally expanded beyond large cap growth and megacap tech to include small and mid cap. The S&P 400 mid cap was the best performer among the major capitalization weighted indices in June, producing a total return of 9.2%. The small cap Russell 2000 was next best at 8.0%. The S&P […]
Models Sticking with Large Cap and Growth in Uncertain Economic Environment
We are sticking with our recommendations for Large Cap and Growth after reviewing the latest output from Northlake’s Market Cap and Style models. For client assets following the models, this means we will hold the S&P 500 (SPY) and the Russell 1000 Growth (IWF) for at least another month. Clients using thematic strategies but not […]
Bard Does Northlake 1Q23 Earnings Updates: Part Two – DIS, NXST, VICI, HD, and WMT
So far, we have found using Bard GAI to help analyze earnings report to be insightful and fun. Insightful to discover more about the capabilities and shortfalls of GAI and fun to try something different. Several more companies have reported since our last update, and we decided to stick with the same format for Part […]
Last Month’s New Large Cap and Growth Signals Reinforced
There are no changes to the signals from Northlake’s Market Cap and Style models after the latest update. Last month the models switched to Large Cap and Growth and fresh data shows those signals are even stronger. The technical and trend indicators are leading the way which is not a surprise given the widely discussed […]
Bard Does Northlake 1Q23 Earnings Updates: Part One – IBM, GOOG, ATVI, META, TMUS, and SONY
Given the excitement surrounding Generative Artificial Intelligence (GAI) since Microsoft and OpenAI released ChatGPT to the public in November, we thought it would be educational, interesting, and fun to let GAI write our regular quarterly earnings updates. ChatGPT only has data through 2021, so we are using Google’s GAI app, Bard. Kind of fun to […]