Top forecaster Norman Fosback says “the market’s fundamental position has evolved to the most favorable alignment in 20 years,” and sees big gains for stocks over the next year and the next five years. Fosback, who served as head of the Institute for Econometric Research for three decades, has a “long and eminent a record”, [...]
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Tag Archives: Mark Hulbert
What the VIX Is Telling Investors
January 10, 2012
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In his latest MarketWatch column, Mark Hulbert says a successful timing model is showing that stocks are approaching “buy” territory. Hulbert looks at an approach that moves to an all-cash position whenever the CBOE’s Volatility Index (VIX) rises above its median level of just shy of 20, and buys stocks when the VIX falls back [...]
Read moreTop Forecaster Sees Market Gains Over Next Six Months
December 16, 2011
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Sam Eisenstadt, who has a solid long-term track record of market calls, expects stocks to rise about 10% over the next six months but lose strength later in the year. Eisenstadt is the former research director at Value Line, Inc. When he retired in 2009, Value Line’s flagship publication was in first place for risk-adjusted [...]
Read moreHulbert: Black Friday Not A Market Predictor
November 25, 2011
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While the success of retailers on Black Friday can send stocks up or down in the very short term, Mark Hulbert says investors shouldn’t think that such market moves are a harbinger of things to come for the rest of the year. “The initial reports of how retailers are doing on Black Friday are an [...]
Read moreHulbert: “New Era” of Higher Correlations a Fallacy
November 3, 2011
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At various points over the last few years, market analysts and pundits have echoed the popular belief that the world of the stock market has fundamentally changed, causing stocks to move in a much more correlated fashion than they have historically. Mark Hulbert says they’re wrong, and says there’s plenty of evidence to back it [...]
Read moreElection Year A Bullish Sign? Maybe Not
October 26, 2011
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Contrary to popular belief, Mark Hulbert says the notion that stock market returns are strong in the years of presidential elections is wrong. In a recent MarketWatch column, Hulbert comes to that conclusion after examining the Presidential Election Year Cycle. “The implication of this theory is that, immediately after assuming office, presidents swallow whatever economic [...]
Read moreHulbert: Prescient Indicator Is Bullish
October 18, 2011
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Mark Hulbert says an indicator with an impeccable track record is now in bullish territory. The indicator: The High Low Logic Index, created by Norman Fosback in the 1970s, when he was president of the Institute for Econometric Research. “The index represents the lesser of two numbers: New 52-week highs and new 52-week lows with [...]
Read moreHulbert: History Says Value Stocks May Be Ready To Rebound
September 13, 2011
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MarketWatch’s Mark Hulbert says that a couple of historical factors are indicating that value stocks may be ready to finally start outperforming growth stocks again. Hulbert notes that value stocks, which over the long term have enjoyed a significant edge over growth stocks, have lagged their growth peers for the past few years — the [...]
Read moreSentiment Plunge A Bullish Sign, Hulbert Says
August 12, 2011
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Mark Hulbert of Hulbert Financial Digest says his index of newsletter sentiment has fallen as low as it did at the market bottom in 2009 — a bullish sign for investors. Hulbert says the average equity exposure among the newsletters is now -20%, meaning the newsletters are recommending a 20% short position in stocks. Given [...]
Read moreHulbert: Not Likely That The Plunge Was The Bottom
August 5, 2011
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For investors thinking that Thursday’s big plunge is a sign that the stock market has bottomed, Mark Hulbert has a warning. “Market declines rarely end with days like Thursday’s 513-point drop for the Dow,” Hulbert writes on MarketWatch.com. “So even if you think that we’re just suffering a mere correction within an ongoing bull market, [...]
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