Inside The Stock Market ...trends, cross-currents, and outlook
November’s Rally Accompanied By Weak Market Breadth
The market rally in November, which carried many indexes to new highs, was not as broad-based as we like to see, but Breadth did improve some later in the month.
Debunking One Myth Of The Buy And Hold Rationale
Debunking one myth of buy and hold rationale. Showing how stock market returns change if investors avoid the best and worst performing stock market days. Essentially, anything can be proven with statistics.
Third Year Of Bull Market...Now Well Beyond Range Of Typical Bull Market Cycle Peaks
A comparison of the performance of the current stock market recovery to the monthly performance averages of past recoveries (1900 to date).
View From The North Country
Introducing the newest member of the Leuthold Research Team, Doug Ramsey. Also, a discussion on what could push the Major Trend Index back to positive territory and
Playing The Bounce Update: Nice Bounce In November
The strong November results (across all three market caps) has now propelled the 2005 “Bounce” strategy to superior performance.
November Market Action
Back at the end of October, virtually all of the primary stock market indexes were slightly underwater on a YTD basis, but November’s market action changed all that with an impressive rally.
Playing The Bounce Update: We Are Now In The Traditional “Bounce” Season
No rebound yet in the “Playing The Bounce” stocks. Could see turnaround in November.
Inflation Impact On The Stock Market
CPI expected to decline in 2006 and historically a decelerating CPI is a significant stock market positive, producing above average returns. Stage could be setting for a market rally in 2006 as inflation pressures wane.
View From The North Country
The perils of speculation in Housing…..lessons people are now learning. Also, client questions....and Leuthold's answers.
Mutual Fund Flow…..Light Net Inflow Estimated For October
U.S. focus equity fund net inflow of $1.5 billion is estimated for October, which ends two consecutive months of net redemptions in August and September.
October Market Action
With most indexes declining during October, it was not a bad month to have a portion of the asset allocation portfolio hedged.
Will Traditional Defensive Groups Work The Same This Time Around?
For clients unable to shift to equity alternatives or increase cash holdings, this month’s “Inside The Stock Market” section provides an update of our Defensive Stock group study in order to identify some potential hiding places.
Third Year Of Bull Market...Now Well Beyond Range Of Typical Bull Market Cycle Peaks
A comparison of the performance of the current stock market recovery to the monthly performance averages of past recoveries (1900 to date).
Third Year Of Bull Market...Now Well Beyond Range Of Typical Bull Market Cycle Peaks
Comparison the performance of the current stock market recovery to the monthly performance averages of past recoveries (1900 to date).
Looking For Earnings Disappointments.....Before They Hit The Fan
New Improved Potential Earnings Disappointments Screen: Inventory Growth Versus Sales Growth.
S&P 500 Energy Weight Is Misleading: Fewer Constituents, Not Less Market Cap
S&P 500 Energy weight is misleading. Adding the largest multi-national integrated oil companies to the S&P’s 10% energy weight doubles it to 20%.
View From The North Country
Steve Leuthold lays out both the bullish and bearish stock market cases.
Insider Selling/Buying In Health Care Sector…..Has Proven To Be A Useful Guide
A look at the Insider Selling patterns of several Health Care related groups. As with Energy groups, there is some evidence that Insiders’ transactions can be useful in identifying tops and bottoms in specific industry areas.
September Market Action
Going into September, there was little expectation that equities would perform strongly in the coming month, and by that token, the market did not disappoint.
Mutual Fund Flow…..Monthly Net Redemptions For The Second Month In A Row
Now with two months of net outflow, we could be seeing complacency giving way to market concern.