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 [...]
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Tag Archives: Mark Hulbert
Hulbert: “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, [...]
Read moreHulbert: Gold Headed for a Pullback
July 19, 2011
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Gold is due for a pullback — one that could be the start of a serious weakening in bullion prices, says MarketWatch’s Mark Hulbert. “Excitement has grown markedly over the last couple of sessions, and now stands at close to the fever pitch that prevailed in late April,” shortly before the gold market tumbled, Hulbert [...]
Read moreThe Danger of The Greece/Lehman Comparisons
June 30, 2011
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While many are worrying that a Greece debt default will rock the stock market and financial world the way the Lehman Brothers collapse did in 2008, Mark Hulbert says there are several examples of sovereign debt crises that didn’t lead to long-term market woes or deep global crises. “Prior to Greece’s recent difficulties, there have [...]
Read moreWhat Do P/E Ratios Mean for the Market in the Short Term? Not Much, Says Hulbert
June 3, 2011
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Is the stock market overvalued? Undervalued? In the short term, MarketWatch’s Mark Hulbert says, it probably doesn’t matter. In an interview with MarketWatch’s Laura Mandaro, Hulbert says that the market’s current price/earnings ratio of 16.2 (using trailing 12-month earnings) puts it right near the historical average of 15.5, a “more or less neutral” valuation. P/Es [...]
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