Green Book February 1991
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Featured Articles
Bond Market Summary
War, recession, falling oil prices and other good inflation news combined to support the U.S. fixed income markets in January.
Fearless Forecasts...1991
Readers should not confuse these forecasts with the more traditional economic and market predictions that appeared in our January issue. However, in the past, these “Fearless Forecasts” have, at times, been closer to the mark than the conventional predictions.
Joke of the Month
“Awful’’ Knutson, The Leuthold Group’s current crusty old Norwegian stock market timing consultant, is this month’s winner, dedicating his entry to Evel’s Hartford friend, Pete.
Major Trend Index Shifts to Positive Mode
We now expect stocks to move considerably higher. Based on our Intrinsic Value studies, the S&P 500 has room to move into the 400-420 zone, the DJIA to 3300-3600. These levels represent gains from current levels of 20%-30%. Secondary stocks are expected to do even better than this.
Playing the Bounce Update
The bounce stocks currently are outperforming the market by a big margin. In the early days of February, they have continued to soar.
Questions You May Have About the Major Trend Index
I know at least some readers are even now wanting to ask questions, similar to the following. So let me get the jump on you.
Scanning the Markets
A performance rundown for our equity market sectors (and other measures) ranked by January 1991 performance (80% of our sectors beat the S&P 500 in January).
Secondary Stocks: Is It For Real?
Once again secondary stocks have started out the New Year with a burst of strength. Is it for real this time? Or is it just another January false start for secondary stocks?
View from the North Country
While the New Zealand stock market did rally 7%-8% in January, it has few friends, not even in those few remaining New Zealand brokerage firms.
“Defense-High Tech” Sector
This may be a tactical war play, but it could be more. Some of these stocks may once again be recognized as growth stocks, even if we see a speedy resolution of the Mideast conflict.
Table of Contents
Stock Market
- Major Trend Index Shifts to Positive Mode
- Questions You May Have About the Major Trend Index
- Secondary Stocks: Is It For Real?
- View from the North Country
- Fearless Forecasts...1991
Of Special Interest
Macro Monitor
Equity Strategies
At Random
Bond Market Summary
War, recession, falling oil prices and other good inflation news combined to support the U.S. fixed income markets in January.
Fearless Forecasts...1991
Readers should not confuse these forecasts with the more traditional economic and market predictions that appeared in our January issue. However, in the past, these “Fearless Forecasts” have, at times, been closer to the mark than the conventional predictions.
Joke of the Month
“Awful’’ Knutson, The Leuthold Group’s current crusty old Norwegian stock market timing consultant, is this month’s winner, dedicating his entry to Evel’s Hartford friend, Pete.
Major Trend Index Shifts to Positive Mode
We now expect stocks to move considerably higher. Based on our Intrinsic Value studies, the S&P 500 has room to move into the 400-420 zone, the DJIA to 3300-3600. These levels represent gains from current levels of 20%-30%. Secondary stocks are expected to do even better than this.
Playing the Bounce Update
The bounce stocks currently are outperforming the market by a big margin. In the early days of February, they have continued to soar.
Questions You May Have About the Major Trend Index
I know at least some readers are even now wanting to ask questions, similar to the following. So let me get the jump on you.
Scanning the Markets
A performance rundown for our equity market sectors (and other measures) ranked by January 1991 performance (80% of our sectors beat the S&P 500 in January).
Secondary Stocks: Is It For Real?
Once again secondary stocks have started out the New Year with a burst of strength. Is it for real this time? Or is it just another January false start for secondary stocks?
View from the North Country
While the New Zealand stock market did rally 7%-8% in January, it has few friends, not even in those few remaining New Zealand brokerage firms.
“Defense-High Tech” Sector
This may be a tactical war play, but it could be more. Some of these stocks may once again be recognized as growth stocks, even if we see a speedy resolution of the Mideast conflict.
Stock Market
- Major Trend Index Shifts to Positive Mode
- Questions You May Have About the Major Trend Index
- Secondary Stocks: Is It For Real?
- View from the North Country
- Fearless Forecasts...1991