November 14, 2014 By Steve Blumenthal Shortly after each month end (after the most recent reported earnings numbers are posted), I like to run through a few of my favorite valuation charts to gauge level, asses risk and to get a sense for what the probable forward return may be. Fortunately, [...]Read More >

S&P 500 Index 2039 By Steve Blumenthal November 12, 2014 Technical evidence remains positive. Big Momentum (“Mo”) is in a buy signal since October 14, 2011 and trend evidence (as measured by the 13/34-Week EMA - see chart 2) is positive. Investor sentiment has moved quickly from [...]Read More >

November 7, 2014 By Steve Blumenthal “Traditional Capitalism: You have two cows. You sell one and buy a bull. Your herd multiplies and the economy grows. You sell them and retire on the income. “American Capitalism: You have two cows. You sell three of them to your publically listed company, [...]Read More >

November 5, 2014 By Aparna Narayanan Investor's Business Daily “It’s a game changer,” Steve Blumenthal, CEO of CMG Capital Management Group, told Investor’s Businsess Daily in the story Three Best Reasons To Invest In The Currency-Hedging ETFs. Steve was referring to Friday’s news that the [...]Read More >

October 31, 2014 By Steve Blumenthal “If you want to change the world, start off by making your bed” Admiral William H. McRaven “Have you heard about the Making Your Bed speech”, Susan asks me.  I was sifting through a week’s worth of research trying to figure out what might be meaningful to [...]Read More >

  Dear clients, friends and family: Following is the 2014 third quarter net performance information 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 [...]Read More >

  October 24, 2014 By Steve Blumenthal Paul Harvey, The Rest of The Story “Years ago a teacher in Detroit asked Stevie Morris to help her find a mouse that was lost in the classroom. You see, she appreciated the fact that nature had given Stevie something no one else in the room had. [...]Read More >

October 17, 2014 By Steve Blumenthal “Investors should understand that prices and valuations are high is another way of saying future returns have already been realized, leaving little to be gained for quite some time.” John Hussman In 2005, I was pitched a Bear Stearns leveraged hedge fund that [...]Read More >

October 10, 2014 By Steve Blumenthal “We’re in a period with many daily (often hourly) points that represent pixels in the market’s picture. The short-run trends (the cyclical cycles) of the market are hard to predict. Without extraordinary powers of clairvoyance, the best plan is a diversified, [...]Read More >

September 30, 2014 By Aparna Narayanan Investor's Business Daily CMG CEO Steve Blumenthal shares with IBD his insights into what lies ahead and the top picks for investors who are seeking global exposure and diversification. Excerpt: "Stephen Blumenthal, CEO of CMG Capital Management in [...]Read More >

September 5, 2014 By Steve Blumenthal Higher we go! While valuation and sentiment data scream caution, trend data and Fed policy tells us to continue the ride. Today, let’s take a look at the latest valuation charts and an updated look at Don’t Fight the Fed or the Tape. As you’ll see, the [...]Read More >

August 22, 2014 By Steve Blumenthal To me, the next cyclical market down trend is linked to Fed Policy and the timing of their change in interest rate policy. For now,  I remain in the Don't Fight the Fed or The Trend camp (constructive on equities). So what happens when the Fed raises [...]Read More >

August 15, 2014 By Steve Blumenthal There is an argument being made that the currently high valuation measures (PE, dividends, price to book, price to sales) are really not so high when you consider that today’s interest rates are so low.  The thinking is that today’s ultra-low interest rates [...]Read More >

August 8, 2014 By Steve Blumenthal I was interviewed by a very bright Bloomberg fixed income reporter yesterday.  His area of expertise is high yield credit and he had recently read the piece I wrote for Forbes, Code Red in High Yield.  He jumped right in with question number one, “is this the [...]Read More >