US Equity Mutual funds – first inflows in over a year!

The U.S. retail equity mutual fund investor may be starting to come back!  The latest report shows inflows to equity mutual funds for the first time since July 2015.  It is no coincidence that the long period of outflows were accompanied by a bear market in micro-cap technology stocks. It is also no coincidence that micro-cap tech stocks have only now started to see strength based on the same rising sentiment that supports inflows to equity mutual funds. Liz Ann Sonders of Schwab tweeted the underlying chart today.   Jeb B Terry, Sr. Dec. 19, 2016 
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Aberdeen Investment Management – a guide service for micro-cap technology investment –Manager of NexTech Medical Investments

Small Businesses and consumers are undeniably feeling bullish

The Trump election has accelerated already rising optimism in two key measures for the domestic economy – small business optimism and consumers outlook for financial condition – each are predicates for business investment, hiring and consumer spending on durable goods.  They also are good indicators for the health of the micro-cap sector of the stock market.   Jeb B Terry, Sr. Dec. 19, 2016 
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U. of Michigan Consumer Confidence – Outlook for financial situation a year from now is best 2005!

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Aberdeen Investment Management – a guide service for micro-cap technology investment –Manager of NexTech Medical Investments

Active managers are going “all-in”

Active equity money managers are bullish on prospects of Trump economy and they are putting their clients money to work.  The managers are in fact over 100% invested – typically a sign of more upside as they are still coming out of a period of being underweighted in 2015 and this year.  The money tends to go first to the mega caps then to the merely larges caps then to Mid-caps etc.  2017 should see an increase in allocation of funds to micro-cap growth stocks once tax loss selling is over and that would make for a very Happy New Year!   Jeb B Terry, Sr. Dec. 19, 2016 
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Aberdeen Investment Management – a guide service for micro-cap technology investment –Manager of NexTech Medical Investments