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: Norman Fosback
Hulbert: 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 moreTop Forecaster: Real GDP Back to Pre-Recession Levels
December 31, 2010
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While few have noticed, the U.S. has now reached pre-recession gross domestic product levels, says one top strategist who is bullish heading into 2011. In a recent MarketWatch column, Mark Hulbert says Norman Fosback, editor of Fosback’s Fund Forecaster, has extrapolated U.S. GDP data and found that, “as of this moment, we are virtually right [...]
Read moreHulbert: Two Top Forecasting Models Bullish
May 26, 2010
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Given the recent economic and market turmoil, there’s been a resurgence of pundits warning of a double-dip recession, or another major market crash. But newsletter-tracker Mark Hulbert says two econometric forecasters with excellent long-term track records are bullish right now. The first is Sam Eisenstadt, the former Value Line research chairman. His model predicts that [...]
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