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Investing Research Articles

3500 Research Articles

Predictive Power of Aggregate Versus Firm-specific Earnings

…evidence indicates that aggregate earnings alone are not a useful predictor of overall stock market behavior, but firm-level (highly segmented industry) earnings are useful for predicting returns of individual stocks (highly segmented industries).

Mark Skousen’s Claims So “Wild” They Might Be True?

There is not enough information publicly available on the web to test his claims.

What About Dan Murphy?

There is not enough information on the Financial Picks web site to evaluate the claims of accuracy or returns there.

Are Some Covered Calls More Profitable Than Others?

…evidence suggests that covered call writers who can achieve relatively low trading frictions can maximize returns by focusing on small, high-volatility, illiquid past winners. For small players, achieving low trading frictions is problematic.

Reclama from Alan Newman

Alan M. Newman, Editor of Alan M. Newman’s Stock Market Crosscurrents, wrote on 8/3/09:

Overreaction Persistence: Sources and Consequences

…evidence from experimental tests indicates that investor/trader overreaction probably is pervasive, partly driven by overconfidence and not subject to moderation through learning. Overreaction tends to elevate portfolio volatility and reduce portfolio Sharpe ratio.

Alan Newman’s Crosscurrents Stock Market Forecasts

…the accuracy of the Crosscurrents forecasts/targets for the S&P 500 index during 2001-2008 is probably below the average accuracy achieved by other stock market experts.

Robert McHugh: Caution Is Warranted?

As suggested by a reader, we evaluate here the commentaries of Robert McHugh, Ph.D., at Safe Haven since February 2004 (the earliest we can find). Robert McHugh is president of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania “dedicated to the preservation of capital in turbulent economic times, while offering… Keep Reading

Don Hays on Long-term Cycles and Shorter-term Trends

We evaluate here the stock market forecasts of Don Hays since late 2000, shortly after he established his own investment advisory firm. Evaluated predictions/recommendations come indirectly from two sources: (1) first from MarketWatch columns as far back as early 2004; and, as subsequently suggested by reader David Zaitzeff, (2) from TheStreet.com columns covering mostly the… Keep Reading

Collective2, a Marketplace of Trading Systems

…aggregate data on the performance of the stock trading systems currently offered on Collective2 is not encouraging for traders.