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On My Radar: The Maybe and When

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August 8, 2014 By admin

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 >

CMG Media Kit

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August 8, 2014 By admin

CMG has appeared in various industry media outlets including Investor's Business Daily, Barron's, InvestmentNews and the Wall Street Journal. We invite you to check out the CMG Media Kit. This piece highlights some of the appearances we've made this year and is a great tool to help your clients [...]Read More >

Trade Signals: Low Cash High Debt

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August 6, 2014 By admin

S&P 500 Index 1917 By Steve Blumenthal August 6, 2014 Along with each week’s equity and fixed income trade signal charts, this week I include a chart showing low available cash and a one showing high margin debt. Big Mo remains in a cyclically bullish buy signal for equities and the [...]Read More >

CMG Q2 2014 Quarterly Performance Update

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August 5, 2014 By admin

Dear clients, friends and family: Following is the 2014 second 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 CMG [...]Read More >

On My Radar: Central Bank Smackdown

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August 1, 2014 By admin

August 1, 2014 By Steve Blumenthal Last week’s On My Radar discussed the coming default wave in the high yield market (Code Red for High Yield).  This week, I share a great piece from my good friend and long time partner, John Mauldin, titled Central Bank Smackdown. John notes the difference [...]Read More >

Trade Signals: Risk Remains High

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July 30, 2014 By admin

S&P 500 Index 1965 By Steve Blumenthal July 30, 2014   Big Mo remains in a cyclically bullish buy signal for equities and the Zweig Bond Model remains in a cyclically bullish buy signal for bonds.  Investor sentiment remains extreme. Included in this week’s Trade [...]Read More >

On My Radar: Code Red for High Yield

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July 25, 2014 By admin

July 25, 2014 By Steve Blumenthal The risk in the high yield bond market is off the charts.  Yields are near record lows, bonds that shouldn’t be getting funding are and at terms unfriendly to investors.  A default cycle is in sight and unfortunately the nature of liquidity has changed.  This [...]Read More >

Trade Signals: Up Trend Risk High

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July 24, 2014 By admin

S&P 500 Index 1986 By Steve Blumenthal July 23, 2014 Big Mo remains in a cyclically bullish buy signal for equities and the Zweig Bond Model remains in a cyclically bullish buy signal for bonds.  Don't fight the Fed or the trend supports further gains; however, the overall level of risk is [...]Read More >

On My Radar: Some Hope & Prayer

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July 18, 2014 By admin

July 18, 2014 By Steve Blumenthal “See life as a marvelous unfolding of possibilities and blessings!” -Author unknown I’m writing a piece for Forbes about high yield and I’d like to share with you the genesis of the piece (I’ll provide a link for you in next week’s On My Radar).  Simply, yields [...]Read More >

Trade Signals: At Some Point We Will Fight the Fed

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July 16, 2014 By admin

S&P 500 Index 1973 By Steve Blumenthal July 16, 2014 Big Mo remains in a cyclically bullish buy signal for equities and the Zweig Bond Model remains in a cyclically bullish buy signal for bonds. I believe the overall level of investment risk is high due to excessively high valuations and [...]Read More >

On My Radar: A Debt Trap

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July 11, 2014 By admin

July 11, 2014 By Steve Blumenthal I was in Denver this week presenting at a large investor forum.  I shared with the audience two valuation charts I believe you will find interesting. One looks at forward PE (a measure I disfavor). The other is what Warren Buffett called “probably the best [...]Read More >

Trade Signals: Risk Remains High

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July 9, 2014 By admin

S&P 500 Index 1976 By Steve Blumenthal July 9, 2014 Charts are updated - the commentary is unchanged from last week:  Big Mo remains bullish and the Zweig Bond Model remains in a bullish buy signal for bonds.  Both trends remain positive. I believe the overall level of risk is high due to [...]Read More >

On My Radar: “Getting on the Check”

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July 3, 2014 By admin

June 27, 2014 By Steve Blumenthal Wishing you a wonderful 4th of July holiday weekend.  I share the following in this week’s (shortened) On My Radar: CBS’s 60 Minutes - Steve Kroft reports on the alarming state of the federal disability program What is Tail-Risk Hedging? Trade Signals: [...]Read More >

Trade Signals: Big Mo Still Says Go

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July 2, 2014 By admin

S&P 500 Index 1975 By Steve Blumenthal July 2, 2014 Big Mo remains bullish and the Zweig Bond Model remains in a bullish buy signal for bonds.  Both trends remain positive. I believe the overall level of risk is high due to high valuations and investor optimism.  That doesn’t mean the [...]Read More >

On My Radar: Deflation or Inflation?

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June 27, 2014 By admin

June 27, 2014 By Steve Blumenthal I listened to a Lacy Hunt presentation this week.  In his view, debt is choking growth in the U.S. and the balance of the developed world and will continue to do so.  In short, he shared research detailing that when total debt gets above 275% GDP, growth slows [...]Read More >

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