If the stock market has indeed already topped out, it would be an aberration by historical standards, Mark Hulbert says. In his MarketWatch column, Hulbert looks at a handful of indicators that have accompanied previous market tops, and finds that they aren’t flashing “end of the line” signals. Sentiment, for example, remains far from the [...]
Read moreHulbert: Value Should Return — Big Time
Growth stocks have been outperforming value stocks for several years now. But if history is any guide, it may be time to tilt not toward those outperforming growth stocks, but instead toward value. So says Mark Hulbert in a recent Barron’s piece. Hulbert says that over the past 86 years, value stocks (represented by an [...]
Read moreSell in May and Go Away? Not So Fast
“Sell in May and go away,” the old adage goes, meaning that investors should sell their stocks at the start of May and not buy back in again until September or October. But in a recent MarketWatch column, Mark Hulbert says the data shows that practicing such a strategy may be very unwise. “My review [...]
Read moreHistory Indicates Market Hasn’t Peaked, Says Hulbert
MarketWatch’s Mark Hulbert says that, if history is a guide, we’re not yet near the top of the stock market’s run. Citing a study from Ned Davis research, Hulbert says that historically sector performance has been a good indicator of market peaks. “The key is the average performance of the S&P 500’s sectors in the [...]
Read moreHulbert: Data Shows Correction Should Be Mild
MarketWatch’s Mark Hulbert says he doesn’t think the market is headed for another 10%+ April correction. “Might the stock market be embarking on a 10% or more correction, just as it did in April of each of the last two years?” Hulbert asks in a new column. “I doubt it. The sentiment data suggest that [...]
Read moreValuation Expert Says Market Only “Slightly Expensive”
An expert on stock valuation who warned about the late-1990s Internet bubble says that stocks aren’t near bubble territory today. Stocks are only “slightly expensive relative to their long-term average,” John Campbell, who is the chairman of Harvard’s Economics Department — and who was with Robert Shiller the co-author of a late-1996 paper that warned Federal Reserve [...]
Read moreTop Forecaster Sees More Gains For Market
Former Value Line Research Director Sam Eisenstadt, who has a solid track record of market forecasting, thinks stocks will gain more than 8% by the end of August, with the S&P 500 nearly eclipsing all-time highs, according to MarketWatch’s Mark Hulbert. “Prior to his retirement in late 2009, Eisenstadt had spent 63 years at [Value Line],” Hulbert [...]
Read moreTop Forecaster: Market Fundamentals Best in 20 Years
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”, [...]
Read moreWhat the VIX Is Telling Investors
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
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 more
May 22, 2012


