The Trump presidency: A glass half-full

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 market has spoken!

Mid-week market update: Today's market action should be a lesson to me to change model rankings based on overnight futures prices, which trades in a thin and volatile market (see What now?). To set the record straight, the Trend Model did not move to a neutral, or risk-off reading based on today's market action. The...

What now?

As I write these words, there is pandemonium in the markets. ES futures are down about 4%. My 16 year-old (Canadian) daughter received an offer of marriage over the internet from an American. I recognize that a lot of people view a Trump presidency with horror, but it's time to assess the investment implications of...

Who to believe? Former VL research director Eisenstadt vs. VLMAP

I got a few questions about an apparent contradiction in my last post (see Don't be fooled, Election 2016 isn't the Brexit referendum). I had highlighted a Mark Hulbert article indicating that former Value Line researcher director Sam Eisenstadt had a SPX target of 2270 to 2310 by April 2017. At about the same time,...

Don’t be fooled, Election 2016 isn’t the Brexit referendum

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...