Connors News

The U.S. economy is now into its tenth year of expansion, just eight months shy of matching the longest period of increase on record and showing few signs of slowdown. Economic strength has been broad-based with no segments showing major weakness. Corporate profits have been expanding nicely in this environment, helped also by lower corporate tax rates. Overall economic metrics have been impressive. Growth of GNP was a strong 4.2% in the second quarter. ...

Next year, Connors Investor Services will celebrate 50 years in business. In this letter, I would like to highlight some of the major changes we have made over the years. First, a bit of history. The firm was founded in 1969 to fill what we perceived to be a void on Wall Street: in-depth research on promising small company stocks. To find candidates, we checked many sources and traveled the country to visit the best of...

If market volatility could speak, it would have been heard exclaiming, "The rumors of my death have been greatly exaggerated," during the first quarter of 2018. Alive, indeed, it was. Entering the new year, the market had not seen a down quarter in almost two and a half years, rising for nine straight quarters since October, 2015. Monthly, it was riding a streak of fifteen straight positive monthly returns dating back to just before the presidential election of November, 2016....