Green Book April 2002
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Featured Articles
Bond Market Summary
Expect rally from current oversold conditions, but overall, we think secular Bull Market in Bonds is topping out.
De-Mystifying VLT Momentum
An explanation of VLT Momentum (The Coppock Curve); what it is and how we use it.
Insider Block Measures
Remains in normal historical range.
March Mutual Fund Flows
As demonstrated by the fact that 2002 YTD level is much better than 2001, Main Street investors’ confidence in the stock market has made a major comeback.
NASDAQ Short Interest
NASDAQ short interest ratio up in March.
New Group Coverage
Eliminating six groups and adding four to our Equity Strategies product next month. Components and methodologies explained.
New Select Industries Group Holding: Gusher Of Gains From Oil Drillers?
Upgraded to Attractive with double-digit increase in quantitative GS Score. Scoring strong in Value, Judgmental, and VLT Momentum categories.
Rising Interest Rates Don't Always Mean A Falling Stock Market
A look at market performance over five different rising interest rate periods. Results are somewhat surprising.
Sad, But True
The following conversation was reported by one of our readers. It was said to have taken place at a retirement complex in Miami.
Scanning The Markets
For over a year, The Leuthold Group has been recommending investors focus on small/mid cap stocks. The best performing market comparators so far in 2002 have been S&P Small Caps and S&P Mid Caps.
Tech Watch
Tech still down big from all time highs, but still not cheap. Upside driver will have to be new earnings momentum developing.
Tough To Score In The First Quarter
Economy and inflation predictions on track so far in Q1, but stock market slowed by some confidence-shaking speed bumps.
View From The North Country
New feature focusing on Steve’s opinions that lie out of consensus view.
Volatility Update
With respect to the S&P 500, today’s volatility is the lowest in five years.
Table of Contents
Stock Market
- View From The North Country
- Tough To Score In The First Quarter
- March Mutual Fund Flows
- Rising Interest Rates Don't Always Mean A Falling Stock Market
- NASDAQ Short Interest
- Insider Block Measures
- Volatility Update
Of Special Interest
Macro Monitor
Equity Strategies
- Tech Watch
- New Group Coverage
- New Select Industries Group Holding: Gusher Of Gains From Oil Drillers?
- Scanning The Markets
At Random
Bond Market Summary
Expect rally from current oversold conditions, but overall, we think secular Bull Market in Bonds is topping out.
De-Mystifying VLT Momentum
An explanation of VLT Momentum (The Coppock Curve); what it is and how we use it.
Insider Block Measures
Remains in normal historical range.
March Mutual Fund Flows
As demonstrated by the fact that 2002 YTD level is much better than 2001, Main Street investors’ confidence in the stock market has made a major comeback.
NASDAQ Short Interest
NASDAQ short interest ratio up in March.
New Group Coverage
Eliminating six groups and adding four to our Equity Strategies product next month. Components and methodologies explained.
New Select Industries Group Holding: Gusher Of Gains From Oil Drillers?
Upgraded to Attractive with double-digit increase in quantitative GS Score. Scoring strong in Value, Judgmental, and VLT Momentum categories.
Rising Interest Rates Don't Always Mean A Falling Stock Market
A look at market performance over five different rising interest rate periods. Results are somewhat surprising.
Sad, But True
The following conversation was reported by one of our readers. It was said to have taken place at a retirement complex in Miami.
Scanning The Markets
For over a year, The Leuthold Group has been recommending investors focus on small/mid cap stocks. The best performing market comparators so far in 2002 have been S&P Small Caps and S&P Mid Caps.
Tech Watch
Tech still down big from all time highs, but still not cheap. Upside driver will have to be new earnings momentum developing.
Tough To Score In The First Quarter
Economy and inflation predictions on track so far in Q1, but stock market slowed by some confidence-shaking speed bumps.
View From The North Country
New feature focusing on Steve’s opinions that lie out of consensus view.
Volatility Update
With respect to the S&P 500, today’s volatility is the lowest in five years.
Stock Market
- View From The North Country
- Tough To Score In The First Quarter
- March Mutual Fund Flows
- Rising Interest Rates Don't Always Mean A Falling Stock Market
- NASDAQ Short Interest
- Insider Block Measures
- Volatility Update
Of Special Interest
Macro Monitor
Equity Strategies
- Tech Watch
- New Group Coverage
- New Select Industries Group Holding: Gusher Of Gains From Oil Drillers?
- Scanning The Markets