As 2025 draws to a close, investors face evolving interest rate trends, resilient earnings, persistent inflation, and rapid technological change.

In this session, CFRA’s top analysts shared actionable insights to help position your portfolio for the opportunities and risks of 2026.

Expert Panel:

• Stewart Glickman, CFA (moderator) – Director of Research
• Sam Stovall, CFP – Chief Investment Strategist
• Michael Kahn, CMT – SVP, Senior Market Analyst

Our analysts reflected on the significant economic shifts in 2025, including shifting monetary policy expectations, uneven global growth, persistent inflation dynamics, and evolving sector performance patterns. They examined how these developments are shaping market structure, trend formation, valuation regimes, and risks as we move into 2026.

We discussed:

• Market Structure –Cross-asset trend developments observed in 2025 and their potential implications for 2026
• Market Timing Signals– Technical patterns and indicators that could signal changes in market momentum and leadership
• Winning Sectors for 2026 – Fundamental considerations shaping sector performance, including earnings trends and valuation dynamics
• Global Risk Assessment – Macro forces such as global economic conditions, policy developments, and geopolitical factors

Equity markets are once again setting all-time highs—prompting both optimism and concern among investors. With valuations stretched and potential volatility from trade policy uncertainty, investors face growing questions about whether this rally has room to run or if a sharp near-term pullback is on the horizon.

During this webinar CFRA’s esteemed analysts, Paul Beland, CFA, Head of Global Research-Wealth Management, Sam Stovall, CFP, Chief Investment Strategist, and Drew Wells, CMT, Technical Analyst, combined fundamental and technical research to assess the current market environment.

They also examined the key drivers behind the recent market strength, identified potential warning signs from market internals and macro indicators, and discussed strategies to help advisors navigate elevated valuations and risks associated with volatility.

During the session, we discussed:

• Fundamental drivers behind recent stock performance
• Macro and sector-level risk factors to monitor
• Technical signals that may indicate market exhaustion or continued strength
• How investors can construct risk management frameworks to trim positions, rebalance, and seek defensive opportunities without early market exits.

The markets have spoken—are you listening? We expect 2025 to continue to be a year of heightened market volatility. With geopolitical uncertainty clouding economic forecasts, how should you position yourself moving forward?

During this session we discussed CFRA’s fundamental outlook for 2025 and 2026 and what Lowry’s technical indicators tell us about what it all means for the remainder of the year.

CFRA Head of Global Research—Wealth Management Paul Beland, CFA, CFRA Chief Investment Strategist Sam Stovall, CFP, and Lowry Research Senior Vice President Michael Kahn, CMT, highlighted key market trends, identified critical indicators and emerging patterns, and provided insights that could influence future market movements.

During this session, we:

• Reviewed CFRA’s Fundamental Market Outlook
• Reviewed Lowry’s Current Technical Market Outlook
• Top Sectors, Stocks, and ETFs
• Q&A

While the recent news regarding tariffs and potential trade wars has led to an increase in near-term volatility, Lowry’s key gauges of market health suggest the market is undergoing a period of consolidation, rather than a major market top.

During this webinar we discussed the recent market consolidation and how our indicators continue to favor a positive outlook, where we see opportunity, and what we will need to observe to suggest a more cautious approach. CFRA Head of Global Research—Wealth Management Paul Beland, CFA, Lowry Research Senior Vice President Michael Kahn, CMT, and Market Analyst Michael Zuber, CMT, highlighted key market trends, identified critical indicators, emerging patterns, and provided insights that could influence future market movements.

During the session, we reviewed:

• Lowry’s Current Market Outlook
• Potential Signs that might Raise the Caution Level
• Sectors Likely to Outperform and Underperform
• Top Stocks and ETFs (in Lowry’s Most-Favored Sectors)
• Q&A

There is an old saying on Wall Street related to technical and fundamental analysis:
Fundamentals tell you what, and technicals tell you when and how far.

During this webinar CFRA Fundamental and Technical Analysts discussed a groundbreaking methodology merging fundamental and technical analysis for portfolio success.

During the session, they explored how this approach can optimize timing and investment depth, delivering consistent market outperformance and reduced volatility. Sam and Vincent highlighted insights on constructing high-performing portfolios by examining the S&P 1500, CFRA STARS, and CFRA STARS with the Lowry Power Rating Relative Strength overlay. Our experts also analyzed the market-beating results across multiple timeframes and highlighted the enhanced annual gains and reduced volatility associated with Fusion Forecasting-guided portfolios.