Inside The Stock Market ...trends, cross-currents, and outlook

The one thing that we can count on about the future is that it will not be the same as today. While a diamond may be forever, a Blue Chip stock is not...not even Disney, not even Coca Cola and certainly not IBM.

• Read more

I think August will be a month in which some big players start taking big money out of the stock market game, defensively preparing for Wall Street's traditional hurricane season.

• Read more

This version of market breadth continues to present a more bearish picture than the other A/D measures.

• Read more

This aspect of our work has not been particularly helpful recently, even though it at times has been quite productive in years past. We can't squeeze blood out of a turnip and in recent years we haven't been able to squeeze a 7%-10% correction out of the low volatility market.

• Read more

I have been employing market breadth data for 32 years, tracking and interpreting a number of variations of advance/decline calculations. Here are some of my conclusions about advance/decline studies.

• Read more

Wall Street anticipates relatively dull markets in July and August, especially August. It doesn't always work out that way. Also, Polling the Pros in June, a re-examiniation of the gold rally and an update on gambling stocks.

• Read more

When value investing requires so much effort just to locate purchase candidates, you might want to re-evaluate your equity sector asset allocation strategy if you have that option. What do the growth stocks look like?

• Read more

July has been proclaimed the most boring month by The Boring Institute. From a stock market standpoint, I think June should have been so designated.

• Read more

The public continues to roll the money into mutual funds and Wall Street continues to roll out the new equity offerings. The supply/demand standoff more or less continued in June.

• Read more

Client Questions...Gold: Is It A New Bull Market?...Gambling Stock Update...The 50 Largest Non-Financial Multinationals, A Survey By The Economist

• Read more

Our disciplines don't currently provide much latitude, and the disciplines have usually proven to be better than the instincts. Thus, this publication's attitude remains cautious.

• Read more

The public continues to roll the money into mutual funds and Wall Street continues to roll out the new equity offerings. The supply/demand standoff more or less continued in May.

• Read more

May supply/demand, seasonal investing and a study of Beta.

• Read more

Client Questions...What Do You Think About Gold?...How Municipal Bonds Compare With Taxables...Don't Short The Gambling Stocks Yet

• Read more

As of the May 3 tabulation of the Major Trend Index, the caution flag remains flying.

• Read more

The public continues to roll the money into mutual funds and Wall Street continues to roll out the new equity offerings. The Supply/Demand standoff more or less continued in April.

• Read more

Portfolio managers themselves are increasingly cautious towards the stock market, with the great majority very concerned about the Clinton economic program and very recently shaken by the Phillip Morris debacle.

• Read more

Six months ago, this stock was at the top of most institutions' core holding list. Smashed and broken, it's now a major portfolio embarrassment. Once again, the often forgotten message from the past echoes: No Growth Is Permanent.

• Read more

In March, polls were taken in Portland, Seattle, Denver and Los Angeles respectively. We recently incorporated a new question in the survey, requesting a projection of S&P 500 annualized total returns over the next 10 years. The responses have been quite interesting.

• Read more

In terms of outstanding investment returns from U.S. markets, the last 10 years have been close to unprecedented but the next decade in this business won't be so easy. This is what our historical research and common sense tells us.

• Read more