Latest Research

Group Selection (GS) Score has been steadily improving; with big push from Technicals driving group to “Attractive” for the first time since early 2006.

Correlations stabilized during March and remain below the record levels of last fall.

A discussion on mounting Apple insanity and an old study revisited focusing on long term corporate survivorship— “Is Apple Forever?”

Things seem calm on the surface… is a little March Madness in store?

Under the “principle of alternation”—in which price patterns vary from cycle to cycle for the sole purpose of fooling market participants—the bull market is (in my view) unlikely to top out in the spring or winter of 2012.

Bull markets following economic versus “non-economic” bear markets—what’s the difference?

An examination of the low volatility stock anomaly and when it does or does not work... along with a look under the hood at the PowerShares Low Volatility ETF.

Leuthold’s Jun Zhu provides some color on a new thematic group: “Asia Advertising Spending Beneficiaries.”

The Computer & Office Hardware group had been rated Neutral as recently as December, but quickly moved up the GS Score rankings and received the second highest score in the latest calculations.

The Integrated Oil & Gas group was bought in the Select Industries Portfolio in late February. The group has been rated Attractive a majority of the time since November 2010.

Valuations are sliced and explored from a different angle.

Leuthold’s Doug Ramsey takes an in depth look at historical Small and Large Cap cycles and offers insight as to where we stand now and what can be expected going forward.

As January goes, so goes the year. 2012 looks like it could well be an up year for stocks based on the January barometer. Market cycle chart from 1958 also says 2012 will be the “time to buy.”

A response to why we are not yet committing to maximum 70% equity exposure in our tactical strategies.

Major Trend Index posted an impressive jump to even higher ground during January, and the most recent bullish reading lands at 1.54 versus the reading of 1.12 recorded at the end of December.

An addition of a second Industrial group to the portfolio, this group appealed for a number of reasons including a strong GS Score and continued demand stemming from its geographic diversification and broad customer base.

Leuthold’s Eric Weigel dissects earnings, sales and margin expectations for the coming year.

Leuthold’s Jun Zhu provides an update on China’s latest Five-Year Plan and how it may affect the Pharmaceutical industry in China. 

January performance was nearly opposite that of 2011… Shifts in factor performance and volatility are discussed.

In the near term, U.S. interest rates are expected to be range-bound, and we remain neutral on the U.S. yield curve. Bond Market Risk Aversion Index fell again in January, and remains on a “lower risk” signal.