Research & Insight

S&P 500 Index 2120 By Steve Blumenthal June 18, 2015 Short-term Investment Sentiment has reached Extreme Pessimism – suggesting a bullish equity investment posture. Interestingly, investor sentiment, as measured by NDR’s Daily Trading Sentiment Composite, has been in the extreme pessimism [...]Read More >

June 12, 2015 By Steve Blumenthal "The three great essentials to achieve anything worthwhile are: hard work, stick-to-itiveness, and common sense." - Thomas Edison A comment I frequently get is that stocks are cheap relative to bonds.  My answer is that view is short-sighted and runs head-on [...]Read More >

6/12/2015 @ 10:53AM Steve Blumenthal, Contributor “This is just not normal,” CMG Capital Management Group CEO Steve Blumenthal writes in his latest Forbes article The ‘Bigger Short’ Or How To Play This Crazy Bond Market. “Nearly 90% of the industrialized world economy is presently anchored by zero [...]Read More >

S&P 500 Index 2115 By Steve Blumenthal June 10, 2015 Trend evidence remains favorable as measured by Big Mo and the 13/34-Week Moving Average. Volume Demand continues to be stronger than Volume Supply (which is bullish for stocks). That last indicator (highlighted below) shows that on [...]Read More >

June 5, 2015 By Steve Blumenthal “We fail to comprehend how owners of claims on money (that is, bondholders) can continue to ignore the fact that the goal of generating more inflation is aimed precisely at reducing the value of their capital.  The opportunity, then, is to short bonds.” - Paul [...]Read More >

June 5, 2015 11:36 a.m. ET Mike Sciortino, Head of Distribution at CMG Capital Management Group, is featured in the Wealth Adviser section of The Wall Street Journal. Mike talks about how advisors can be more successful by being active, engaged listeners. Here is an excerpt: “The degree to which [...]Read More >

S&P 500 Index 2115 By Steve Blumenthal June 3, 2015 Note today the Zweig Bond Model’s “Buy” signal for bonds. The data takes into account price activity and is updated weekly based on Friday closing data.  The last three days have been wild. The yield on the 10-year Treasury has gone from [...]Read More >

May 29, 2015 By Steve Blumenthal “Negative-yield bonds now account for some €1.5 trillion of debt issued by governments in the euro area, equivalent to almost 30% of the total outstanding. Many expect even more of the global bond market to fall into negative yield territory. Half of all government [...]Read More >

May 28, 2015 Steve Blumenthal CMG Capital Management Group CEO Steve Blumenthal writes in ETF.com: "The high-yield bond market has been one of the great recovery stories since the scariest days of the financial crisis. It could become scary again when the Federal Reserve begins raising rates and [...]Read More >

S&P 500 Index 2123 By Steve Blumenthal May 27, 2015 A quick summary:  Sentiment is neutral and the overall trend, while aged, remains positive.  The Zweig Bond Model remains in a “Sell” signal suggesting shorter-term bond exposure is favored.  High yield remains the strongest bond asset [...]Read More >