Inside The Stock Market ...trends, cross-currents, and outlook

The Leuthold Group Major Trend Index has improved 543 points from a month ago, with four of the five broad categories of analytical tools firmly in the bullish camp.

• Read more

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.

• Read more

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?

• Read more

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.

• Read more

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.

• Read more

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.

• Read more

Each January we publish the gold book (Perception II) before this, the green book.

• Read more

Last month this publication discussed a "New Tax Selling Seasonal Factor" in the stock market resulting from the new mutual fund deadline for tax loss selling being October 31 instead of year end.

• Read more

This publication often employs a question and answer format, providing answers to the questions being asked most frequently by institutional clients.

• Read more

The stock market rally in the fourth quarter considerably eased the equity performance pain of 1990.

• Read more

This publication continues to operate under the assumption that this is a more or less typical cyclical bear market in terms of magnitude and duration.

• Read more

Last year, we resumed a tradition started a number of years ago.

• Read more

West Coast Client Trip...Remembering Henri de La Chapelle...Twin Cities Presentation of “Other People's Money”... Comparing Large Firms Earnings Growth with Small Firms

• Read more

Finally! In November secondary stocks as a class, performed better than the S&P 500 and DJIA. One warm month for secondary stocks does not mean spring is here, but it may mean that spring is coming soon.

• Read more

The most recent Major Trend Index sell signal, was transmitted to clients on Halloween 1989. Here in December 1990, this work is still negative, although significantly improved from a few months ago. But this work continues to indicate this is still a bear market.

• Read more

Secondary stock measures were up 7%-9% in November compared to 5%-6% for the capitalization weighted measures. All we can say is, it’s about time!

• Read more

If you have major positions in the select list of 1990 “Hero” stocks (those big growth names that are up on the year), when should you start trimming back (if ever)? When should you start looking at cyclicals (if ever)? When should you start looking at cheap value stocks (if ever)?

• Read more

So we made it through October without taking a big stock market hit. The popular stock market measures ended the month about where they started, enough to reduce investor pessimism levels by a few degrees, maybe more.

• Read more

This issue marks the first anniversary of the most recent Major Trend Index sell signal, transmitted to clients on Halloween 1989. Here in October 1990, this work has improved significantly from a month ago.

• Read more

The two most common questions we hear from equity only managers are: “When (if ever) should we start buying secondary stocks?” and “When do you expect a market leadership shift to the cyclicals?”

• Read more