Inside The Stock Market ...trends, cross-currents, and outlook
New Capitalization Tier Measures
New Leuthold Capitalization Tier performance measures explained and detailed.
The Current Market
Year 2000 Q1 is history. Initially technology ruled, but “old economy” stocks revived late in the quarter, although it looked for a while like they might be terminal. But, you want to know what I think will happen now.
Future Stock Market Sector Leadership
We believe Energy and Health Care are now moving into leadership positions.
March Mutual Fund Flows
This has been the best start to a new year on record in terms of net inflows, with $100 billion coming in during the first quarter. However, the cash acquisition “equity shrinking” trend has allowed the flood of mutual fund inflows to overwhelm reduced net supply.
Insider Block Measures...Heavy Selling Triggers A New “Sell” Signal
High level of selling indicating corporate insiders see a rough road ahead for the stock market. Historically, insiders have been right.
Tracking Shifts In Market Capitalization Leadership
Small caps and Mid caps now outperforming Big caps. A change in leadership appears to be in progress.
February Mutual Fund Flows
U.S. focus equity fund inflows are estimated at a record-level $31 billion in February. Also, a look at how foreign investment has played an instrumental role in providing bullish support to the U.S. stock market.
View From The North Country
Workers’ stock market purchasing power at all time low. Also, a book out of the past, has an eerie ring to it.
Cash Acquisitions
YTD cash acquisitions of $32.3 billion reduces YTD offerings of $49 billion to produce net equity supply of $16.7 billion for the year.
The Great Two-Way Market
Cribbing from Charles Dickens, February was the best of times and the worst of times.
Insider Block Measures...Selling Remains Heavy, But Still Below Historical Extremes
The latest 10 week reading has risen to within 5% of historical selling extremes.
Inflation & Interest Rates
Favorite stock groups now “inflation and interest rate proof”?
Volatility Update…New Year Brings High Volatility
Year to date, S&P volatility has reached nearly 48%.
Performance By Cap Tiers...Our New Measures
S&P 500, S&P 400, and Russell 2000 may not always present accurate readings of Big cap, Mid cap and Small cap performance, respectively.
Cash Acquisitions
January cash acquisition activity was relatively quiet, at its lowest level in six years.
View From The North Country
View is just for the fun of it this month: Fearless Forecasts 2000.
Insider Block Measures...Selling Remains Heavy, But Still Below Historical Extremes
The latest 10 week reading is in a fast uptrend, but still below historical selling extremes.
New Improved Performance Measures For Capitalization Tiers
Today’s popular stock indices may be overweighted toward tech.
Volatility Update…New Year Brings High Volatility
NASDAQ Index volatility has skyrocketed to nose-bleed levels since 1993.
Tracking Shifts In Market Capitalization Leadership
Could be the beginning of Mid Cap and Small Cap out performance.
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