Posts From Willie Delwiche

Willie Delwiche
William Delwiche is a Director and Investment Strategist for R.W. Baird & Co. Before joining Baird in 1999, he worked as a researcher at the Committee for Economic Development, a Washington, D.C., pro-business think tank. Since 2004, Willie has also been the co-manager of Baird's ETF-based ALIGN Tactical Portfolios.Willie received a BA in Economics and in Government and Politics from the University of Maryland, and an MA in Economics from the University of Wisconsin-Milwaukee. He is a member of the Market Technicians Association and past member of the American Economics Association. Willie is both a Chartered Market Technician and a CFA Charter holder.Commentary from Willie on the economy and stock markets has been featured on other national, regional and trade media such as BARRON’S and Bloomberg BusinessWeek. He has appeared on Fox Business, the Nightly Business Report, and the MoneyLife show. Willie also regularly shares his perspectives via Twitter and other social media outlets.
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Weekly Stock Market Outlook: Putting The Rally In Context

Here’s a look at some key stock market indicators, charts, and themes that we are watching. This Week’s Stock Market Outlook: Keeping the Rally in Context – The S&P 500 has rallied through 1950 but faces additional resistance above 2000. While the near-term trends have improved, there is little evidence…

U.S. Economic Update: Are We Due For A Recession?

Key Takeaway: Federal Reserve studies suggest expansions are lasting longer and do not die just from old age. No one knows what the future will hold, but current evidence suggests recession risk remains minimal and even some of the weaker areas of the United States economy are seeing signs of…

Stock Market Rally Update: Investors Remain Skeptical

U.S stock markets registered gains for the second week in a row last week. The S&P 500 and Dow Industrials gained more than 1.50% last week, reducing the year-to-date losses to 4.5%. The broad market also turned in a strong performance with small- and mid-cap averages outperforming large-caps. The stock market…

Weekly Stock Market Outlook: Investor Optimism Lifts Stocks

Here’s a look at some key stock market indicators, charts, and themes that we are watching. This Week’s Stock Market Outlook: Is Rising Optimism Helpful? In a word, yes. So often the focus with sentiment data is the contrarian aspect. Overlooked is that after crowd sentiment gets excessive in either…

Macro Market Update: Inflation Showing Signs Of Life

Key Takeaway: Inflation expectations have been muted, but core inflation measures have started to move higher. This could put some upward pressure on bond yields, but also helps validate the decision by the Fed to raise rates in December. The Federal Reserve has a dual mandate: fostering maximum employment and…

Stock Market Update: The Prospects For More Gains

The market U.S. stock market indices moved sharply higher last week following strong performances in overseas markets and indications that the U.S. economy is not headed for recession. The powerful three-day stock market rally was the best performance in more than three months and carried the S&P 500 Index and the…

Weekly Stock Market Outlook: All Eyes On Price Resistance

Here’s a look at some key stock market indicators, charts, and themes that we are watching. This Week’s Stock Market Outlook: In a Down Trend, Keep an Eye On Resistance – Excessive pessimism and widespread oversold conditions helped fuel a near-term bounce for stocks. The longer-term trends can get obscured…

Stock Market Valuations Remain Elevated Into 1Q 2016

Key Takeaway: Our preferred measures of valuation, which rely on trailing reported earnings, continue to suggest stocks are expensive. Stock market valuations (i.e. measures) based on forward earnings are dependent upon dubious earnings forecasts. In the words of John Maynard Keynes, the stock market can stay irrational longer than you…

Market Update: Recession Fears Recede As Stocks Rally

The U.S. stock market appears poised to move higher this week on the back of strong performances by Japan and Europe over the three-day weekend. Foreign stock markets experienced the best two-day gains in nearly six months following friendly policy statements from central bankers. A measure of confidence was provided late…

Weekly Stock Market Outlook: Investor Pessimism Lingers

Here’s a look at some key stock market indicators, charts, and themes that we are watching. This Week’s Stock Market Outlook: Sentiment Conundrum Puzzling – Investor pessimism has reached levels that have typically supported at least a near-term turn higher in stocks. Instead, the popular averages are testing the lows…