Latest Research

Not all gloom and doom this month...Homebuilders approaching window where past busted bubbles have bounced.

We have had some concerns about playing the bounce this year. The stock market has absorbed (ignored) an abundance of bad news only to move higher, placing its faith in further Fed rate cuts.

U.S. focus equity mutual funds outflow now within striking distance of the all-time record outflow of $25 billion for all of 2002.

Select Industries adds "Green Wave"...a thematic group focused on environmentally friendly services, products, and technologies.

Hypermarkets & Supercenters moved into the top 15 of the Group Selection (GS) Scores this month.

Expect economy to slow the remainder of 2007 as a result of slower consumer and business spending, as well as housing and auto woes. A 2008 recession is now a stronger possibility. 

Golden Age Ends For Cash Buyouts, But Does A Silver Age Loom?

Not only is October ‘National Pork Month’ in the U.S., it is the “Year of the Pig” in China. This brings to mind the old stock market homily “A Bull can make money and a Bear can make money, but Pigs are losers.”

Although the general tone of the markets improved in September, we continue to see signs that recent strength may not have a lot of foundation or staying power.

Discussion of what it would take to push the ratio to positive ground, looking at the individual indicators that have heavier weights, which could potentially improve rather quickly under certain conditions.

It’s that time of year when we roll out the annual “Playing The Bounce” strategy.

NIPA earnings (National Income and Product Accounts) were revised downward significantly. Also believe that Small Cap earnings estimates are overly optimistic.

Our view that the consumer is due for a pullback has been bolstered in recent months, as Consumer Discretionary groups have continued to slip in our Group Selection (GS) Score rankings.

Link between Junk bonds and stock market seems to be indicating that stock investors are ignoring factors pushing Junk bond yields higher.

Despite a respectable S&P 500 gain of 18% over this eighteen month period, it appears Main Street investors want little to do with the domestic stock market.

Life & Health Insurance has rated Attractive for five months now, steadily climbing up the rankings during that time.

Auto Parts & Equipment has rated Attractive in seven of ten months this year, including the last two months.

One development that is currently dampening rent hikes is the increasing conversion of condo units to rental units, increasing the overall supply of rentals.

This month’s “Of Special Interest” focuses on the inflation pressures into today’s marketplace.

August was comparable to flying through a category five hurricane, a violent storm with gut wrenching updrafts and downdrafts. The relatively low volume recovery from the August lows has the characteristics of a bear market rally, not the beginning of another major move to the upside.