The Political Campaign Contribution Effect
October 31, 2006 - Political Indicators
…investors might want lean toward companies that contribute to lots of political candidates (especially Democratic candidates for the House of Representatives).
October 31, 2006 - Political Indicators
…investors might want lean toward companies that contribute to lots of political candidates (especially Democratic candidates for the House of Representatives).
October 24, 2006 - Technical Trading
Are trades based on complex technical patterns, such as head-and-shoulders, rational speculations or noise? In other words, do such patterns reliably indicate opportunities to capture excess returns? In her July 1998 paper entitled “Identifying Noise Traders: The Head-And-Shoulders Pattern in U.S. Equities”, Carol Osler investigates whether head-and-shoulders trading is significant and whether it is profitable…. Keep Reading
October 20, 2006 - Calendar Effects
…the overnight return on individual stocks is a contrary indicator for next-day returns, but individual “outside” traders may not be able to exploit this tendency.
October 19, 2006 - Investing Expertise
…newsletters on average offer investors/traders average performance, without the broad diversification benefit of mutual funds.
October 17, 2006 - Buybacks-Secondaries, Value Premium
…an exchange traded fund that focuses on value stocks with repurchase activity would be an attractive long-term investment vehicle.
October 16, 2006 - Individual Gurus
Jack Schannep, editor of The DowTheory.com, has several times requested that we reconsider parts of our assessment of his specific stock market forecasts, as follows:
October 16, 2006 - Size Effect, Value Premium
…the value premium and the size effect are real manifestations of emergent patterns of noise across large groups of stocks.
October 11, 2006 - Equity Options
…investors/traders are generally willing to overpay for insurance and leverage via options, but only the market makers can consistently exploit this willingness.
October 10, 2006 - Equity Options, Volatility Effects
…a market inefficiency with respect to volatility expectations for individual stocks may provide a means to beat the market by using options to trade volatility.
October 9, 2006 - Equity Options
…investors/traders write (sell) more options than they purchase and deal much more in calls than in puts. Call writing is mostly hedging, while call purchasing and put writing are mostly speculations on stock prices.