Five interesting things that Hodges Capital research analysts discovered this week...
#1 Russell 2000: From April 8, 2025, through October 10, 2025, the profitable segment of the Russell 2000 rose 18%, compared to a 49% gain among unprofitable companies, according to Charles Schwab.
#2 Small Businesses: The NFIB Small Business Optimism Index fell 2.0 points in September to 98.8 but remains above the survey’s 52-year average of 98.
#3 Coffee: Toast recently analyzed prices from 148,000 coffee shops across 41 states and found the national median price for a regular hot coffee was $3.52, while a cold brew averaged $5.47.
#4 K-Shaped Holiday Spending: According to a recent JLL spending survey, lower-income shoppers plan to cut holiday spending by 24%, while higher-income households expect to increase theirs by 26%.
#5 Market Breadth: Market breadth appears to be narrowing, per RBC Wealth Management, with only 35% of S&P 500 stocks trading above their 20-day moving average and fewer than half above their 50-day moving average.
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