Is Buying Just-delisted Stocks a Profitable Strategy?
February 27, 2010 - Short Selling
…evidence does not support a belief that “buying stocks when they begin trading OTC is a profitable strategy.”
February 27, 2010 - Short Selling
…evidence does not support a belief that “buying stocks when they begin trading OTC is a profitable strategy.”
February 26, 2010 - Fundamental Valuation, Value Premium
…evidence suggests that book-to-price ratio and earnings yield explain future stock returns better jointly than individually by more completely anticipating future earnings growth.
February 26, 2010 - Individual Gurus - Guru Accuracy: 66%
We evaluate here the market commentary of Jack Schannep, previously available via Zacks.com (since removed) and currently available via MarketWatch since July 2002. Jack Schannep, editor of The DowTheory.com and author of Dow Theory for the 21st Century: Technical Indicators for Improving Your Investment Results, claims that “[o]ur interpretation of The Dow Theory…and our proprietary… Keep Reading
February 26, 2010 - Individual Gurus - Guru Accuracy: 48%
As requested by a reader, we evaluate here the quarterly market commentary of Stephen Leeb since January 2003 (much of commentary archive removed in occasional site redesigns) with respect to his outlook for U.S. stocks. Stephen Leeb is president of Leeb Capital Management, Inc., editor of The Complete Investor newsletter and author of several books. The… Keep Reading
February 26, 2010 - Individual Gurus - Guru Accuracy: 44%
A reader suggested that we evaluate the stock market forecasts of Jeremy Grantham, Chairman of GMO LLC. GMO LLC “is a global investment management firm committed to providing sophisticated clients with superior asset management solutions and services.” Its “client base includes endowments, pension funds, public funds, foundations and cultural institutions.” The predictions/recommendations evaluated here extend… Keep Reading
February 26, 2010 - Individual Gurus - Guru Accuracy: 53%
In this entry, we update our review of the weekly “Technical Market Insight” of BusinessWeek online by Mark Arbeter, chief technical strategist for Standard & Poor’s, since early 2003. The table below quotes forecast highlights from the cited source and shows the performance of the S&P 500 Index over various numbers of trading days after the… Keep Reading
February 25, 2010 - Investing Expertise, Sentiment Indicators
…investors may want to consider how their cultural predispositions affect their processing of reported views of experts on financial markets.
February 24, 2010 - Animal Spirits, Fundamental Valuation
…evidence indicates that stock prices react somewhat predictably in direction and magnitude to specific categories of news, but general market conditions may affect the reactions.
February 22, 2010 - Aesthetic Investments, Individual Investing
…evidence indicates that stamps probably underperform stocks, beat bonds and gold and tie art over the long run, with a return pattern somewhat like that of gold.
February 17, 2010 - Momentum Investing, Technical Trading
…evidence from simple tests on limited samples supports a belief that a strategy employing long-term simple moving average crossing signals to enter and exit equities may outperform a buy-and-hold strategy, depending on market conditions and the level of trading frictions/fees.