So says Rick Kelley:

… context should not be abandoned altogether, and expository preaching/study is an excellent form of communicating the text – perhaps the most excellent form; but remote and immediate context doesn’t always need to be explored deeply to make a valid biblical point in a presentation.

The article is short, and makes use of two good illustrations, one biblical, another Shakespearian, in favor of topical sermons. Read the entire post here.