Research & Insight

S&P 500 Index 2063 By Steve Blumenthal August 12, 2015 I believe China’s surprise Yuan devaluation keeps the Fed on hold.  Raising rates will further strengthen the dollar.  A stronger dollar may ultimately be our greatest market risk – triggering crisis in the $9 trillion EM U.S. [...]Read More >

August 7, 2015 By Steve Blumenthal “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do, so throw off the bowlines, sail away from safe harbor, catch the trade winds in your sails.  Explore, Dream, Discover." –Mark Twain A question [...]Read More >

S&P 500 Index 2092 By Steve Blumenthal August 5, 2015 More buyers than sellers drives price higher.  One of the charts I post each week measures volume demand vs. volume supply.  The buy and sell signals are posted below.  A new buy signal was triggered on July 30, 2015.  This along [...]Read More >

By Aparna Narayanan, Investor's Business Daily 08/03/2015 @ 6:52 PM ET CMG Capital Management Group CEO Steve Blumenthal is quoted in today’s Investors.com story on Japan ETFs. An excerpt from the story: Monetary easing and market-friendly reforms kindled Japan ETFs this year. But one wealth [...]Read More >

Dear clients, friends and family: Following is the 2015 second quarter net performance for CMG’s Tactical Investment Strategies along with our thoughts on each strategy over the past quarter. In addition, we have provided the net performance for the CMG Managed Blends and the CMG Classic Blends. [...]Read More >

July 31, 2015 By Steve Blumenthal   “Now look at them yo-yo's that's the way you do it You play the guitar on the M.T.V. That ain't workin' that's the way you do it Money for nothin' and your chicks for free.” Money For Nothing – Dire Straits   The Fed is sitting between a [...]Read More >

S&P 500 Index 2102 By Steve Blumenthal July 29, 2015 The aged cyclical bull market up trend remains in place; however, fewer stocks are holding the market up.  Our favorite Trend Model, Big Mo, is in decline but continues to favor stock exposure. As for bonds, the Zweig Bond Model [...]Read More >

7/27/2015 @ 9:23AM Steve Blumenthal, Contributor Steve Blumenthal’s latest Forbes article analyzes signals that point to a high probability of a global recession. An excerpt from the article: Recent events and key economic models point to a high probability of a global recession. Ground zero of [...]Read More >

July 24, 2015 By Steve Blumenthal “If you’re young, take the whack [and] if you’re old, pray for the Fed to keep going.” – Jeremy Grantham Grantham was the opening keynote at the Morningstar Investment Conference in late June.  There were several notable insights I share with you this week.  The [...]Read More >

S&P 500 Index 2114 By Steve Blumenthal July 22, 2015 The title to this week’s update pretty much captures the weight of evidence. The market has rallied off of the Extreme Pessimism readings of just a few weeks ago and investor sentiment remains in area that has produced positive returns [...]Read More >