Latest Research

Slight decrease this month, but still riding the August buy signal.

On March 31, MSCI/S&P set a number of changes into effect.  Many already outlined in our sector book Equity Strategies.

Looking at performance swings of Nanotechnology, Internet Software & Services, and Internet Reatil.

Strong scores in Technicals and Relative Strength categories. Group has been in consolidation for years, but poised to test 1999 highs.

Group ranking Attractive for two consecutive months. Good marks in Growth, Value, Relative Strength and VLT Momentum. Provides a solid play on improving economy.

So far in 2002, the stock market has focused on one thing...solid fundamentals.

Rally due in Q1 2002, but we think Bull Market in Bonds is topping out.

In July 2001, we produced a study examining which groups perform best coming out of a recession.  Being published before the current recession was declared, few probably caught the relevance.

Rally due in Q1 2002, but we think Bull Market in Bonds is topping out.

Prior history shows average period of small cap dominance is about five years...longer than that experienced in the 1990s.

DALBAR study shows average investor missed out on 17-year bull market performance of 1984-2000.

The “seasonals” were with us, but have yet to produce positive results. “V” shaped economic recovery conviction stronger than a month ago.

We decided to Play The Bounce late in December. Window dressing and some tax loss selling had continued, creating a second bounce opportunity (at least we thought so).

January 2002 fund flows and a review of the cash flow trends, comparing 2001 levels to previous years.

S&P Tech up slightly in January, but median PE ratio rises for 5th straight month as poor earnings are reported.

While the markets are still very volatile, the vast majority of our volatility charts show 2001 levels down somewhat from 2000.

Continuing to evaluate Leuthold Index methodology.

Remains within the “normal” historical range for net selling.

The NASDAQ short interest ratio decreased in January.

Index of Leading Economic Indicators, a good coincident indicator for the stock market. Looks like it’s on the mend.