Investing Research Articles

…evidence suggests that investors may be able to enhance exploitation of downside momentum by focusing on stocks with high idiosyncratic (non-beta) volatility.

Since 7/9/09, Christophe Faugère has been publishing (almost) daily “Market Estimates” of the value of the S&P 500 Index based on Required Yield Theory (RYT). RYT views investors as: (1) requiring that U.S. stocks and bonds in aggregate prospectively provide a real after-tax yield directly related to real long-term GDP per capita growth; and then,… Keep Reading

…evidence from small samples indicates that housing price adjusted for inflation, disposable income and GDP reverts to trend (and that adjusted U.S. housing price is currently low).

…experimental evidence indicates that people, whether expert in finance or not, can quickly learn to distinguish financial markets time series from randomized data with high reliability via simple inference.

…evidence seems insufficient to support a belief that Martin Armstrong is an exceptional market forecaster.

…evidence from detailed Chinese stock account data indicates that the trading of unsophisticated individuals tends to transfer their wealth to institutions and more sophisticated individuals (and to brokers and the government).

…evidence does not support a belief that “buying stocks when they begin trading OTC is a profitable strategy.”

…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.

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

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