Last week, the market was very selective, with only Large-cap Growth in positive territory -- think Apple (Nasdaq: AAPL), Amazon (Nasdaq:  AMZN), and American Express (NYSE: AXP). All other cap/styles were negative -- and the smaller you were, the more you lost. In fact, this entire month the market has beat up on small-caps with its "the smaller you are, the more you lose" bias.

by Scott Martindale, Senior Managing Director

by Scott Martindale, Senior Managing Director

Scott Martindale

by David Brown, Chief Market Strategist

David Brown

by David Brown, Chief Market Strategist

David Brown

by David Brown, Chief  Market Strategist

David Brown

The market doesn't seem to know which way it wants to go. Last week was literally the mirror image of the previous week. The best style/cap two weeks ago was Small-cap Value; last week it was the worst (-3.4%). The worst style/cap two weeks ago was Large-cap Growth; this week it was the best (-1.9%).

by Scott Martindale, Senior Managing Director

Scott Martindale

Today the market sold off a bit, but the Sabrient Investor's (H)Edge long/short absolute return portfolio was up +2.3%, and gained +3.8% vs. its market benchmark. This is the great value of an absolute return strategy that helps you sleep better at night.