Latest Research

Why deflation and depression are not synonymous, undemocratic suggestions for 401(k) plans and the NBA Name Game: Does Basketball’s sponsorship fare better than baseball or football?

Last month’s caution proved to be unwarranted. Would now be described as a bull with reservations. Steve's outline of his bullish case including predictions from “the managing director’s crystal ball”.

A look at who has and has not performed since Sept. 10th and 21st (market bottom?)

The weight of the evidence points toward a transition from value leadership to growth, with small caps leading the way. But, getting the timing right is no easy matter.

Tech soared again in November despite cratering earnings.

Per client request, we examine 2001 portfolio early, in order to preview the year’s winners and losers.

Estimate inflow of $13 billion in November, a big increase from October. September’s “record” net redemptions in perspective.

We think we have found a “reliable” indicator with a proven track record.

Continuing to evaluate Leuthold Index methodology.

It seems that the volatility appears to be slowing from the amazing levels recorded in 2000.

Some groups tend to move in and out of favor in a hurry. We review the dramatic performance swings of our recently created Security Companies and BioDefense groups along with Energy Technology.

The stock market came to life in November, with the NASDAQ leading the way.

GS Score upgrade to Attractive came primarily from VLT buy signals for both price and relative strength, as well as an improving relative strength chart. Buying a diverse package of 13 stocks.

This quant-based group identifies Internet companies with better-than-average long term survival prospects. It was also upgraded to Attractive for many of the same reasons as Application Software.

Bond market adjusting to end of Fed easing cycle, expected 2002 economic recovery and corporate rush to lock in lower borrowing costs.

Many investors have come to realize just how overvalued the stock market became in the late 1990s. Alan Greenspan may have been early with his comment about “irrational exuberance” in late 1996, but in hindsight his warning was warranted.

Fiscal responsibility goes out the window in Washington. Also, The Bombastic Earnings Charade: Why are companies allowed to make up their own accounting rules?

Market shrugged off bad news; but rally from the lows is almost a text book example of a bear market rally. Plus, Steve's current outlook regarding the Economy, Earnings, Inflation, and Interest Rates.

Areas hardest hit subsequent to the Attack typically rebounded the most. Sector and Industry Group leaders and laggers examined herein, from the lows of 9/21 and from before the Attack.

The weight of the evidence points toward a transition from value leadership to growth, with small caps leading the way. But, getting the timing right is no easy matter.