The brewing storm in Asia

Preface: Explaining our market timing models We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade. The...

Tops are processes: Here is why

I received a ton of comments after yesterday's post (see A correction, or the start of a bear market?), probably because of the tumultuous nature of last week's market action. Readers pointed out a number of buy and sell signals that I had missed in yesterday's post and asked me to comment on them. (Rather...

A correction, or the start of a bear market?

Preface: Explaining our market timing models We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade. The...

The things you don’t see at market bottoms: Booming confidence edition

The last time I published a post in a series of "things you don't see at market bottoms" based on US based investor enthusiasm was in June. Sufficient signs have emerged again for another edition. As a reminder, it is said that while bottoms are events, but tops are processes. Translated, markets bottom out when...