S&P 500 Index 1649 By Steve Blumenthal May 29, 2013 Investor Sentiment remains extreme. We are also seeing some initial cracks in the bond market (i.e. rising interest rates). The CMG Managed High Yield Bond Program moved to a sell signal last week and with yields hitting record lows [...]Read More >
On My Radar: PIMCO’s Blender
May 24, 2013 By Steve Blumenthal PIMCO’s Blender Being the investment geek that I am, there are several annual research meetings that I eagerly await to read about each year. One of which is PIMCO’s Annual Secular Forum. Picture a room full of some of the industry’s brightest thought [...]Read More >
Trade Signals: May 22, 2013
S&P 500 Index 1669 By Steve Blumenthal May 22, 2013 Sentiment Update – Extreme Optimism Investor Sentiment remains in the Extreme Optimism zone. Risk remains elevated. Investment Sentiment charts 5-21-2013: Chart 1. NDR Crowd Sentiment Poll – Extreme Optimism (Bearish) – I [...]Read More >
On My Radar: May 17, 2013
May 16, 2013 By Steve Blumenthal High Yield bonds - Some Insight from a 20 year HY veteran The yield on the Bank of America - Merrill Lynch High Yield Bond Index moved below 5% recently. Just a month ago it set a record low yield by moving below 6% for the first time. The Fed’s plan of a [...]Read More >
Trade Signals: Extreme Optimism Again
S&P 500 Index 1657 By Steve Blumenthal May 15, 2013 Sentiment Update – Extreme Optimism Investor Sentiment remains in the Extreme Optimism zone. I continue to suggest a hedged approach as it relates to your long-term equity portion of your portfolio. The cost is relatively nominal and [...]Read More >
On My Radar: Inflation, Haircuts & WSJ Live
May 10, 2013 By Steve Blumenthal Hyperinflations, Hysteria, and False Memories - James Montier, GMO “To say that the printing of money by central banks to finance government deficits creates hyperinflations is far too simplistic (bordering on the simple-minded). Hyperinflation is not purely [...]Read More >
Hyperinflations, Hysteria & False Memories – J. Montier
GMO White Paper, February 2013 - Excerpt: To say that the printing of money by central banks to finance government deficits creates hyperinflations is far too simplistic (bordering on the simple-minded). Hyperinflation is not purely a monetary phenomenon. To claim that is to miss the root causes [...]Read More >
WSJ Live – May 9: How Much is the Market Really Worth?
Major indexes are striking nearly daily record highs. But with earnings growth slowing sharply, are stocks overvalued? Steve Blumenthal joins MoneyBeat to discuss his tactically managed, risk mitigated approach to investing. Or watch it here on WSJ Live. [...]Read More >
Trade Signals: Charts & My “Two Cents”
S&P 500 Index 1626 By Steve Blumenthal May 8, 2013 Sentiment Update – Charts and my “two cents” Investor Sentiment remains in the Extreme Optimism zone. I continue to favor inexpensive hedges to risk protect long equity market exposure (i.e. covered calls and out of the money put [...]Read More >
The Blumenthal Viewpoint: “Pretty Woman”
May 2, 2013 By Steve Blumenthal The taxi pulled up to the Beverly Wilshire Hotel in Beverly Hills, California and the driver said, “You know, this was the hotel they used in the movie "Pretty Woman" ”. Richard Gere was the wealthy Private Equity guy and Julia Roberts was the pretty woman. Gere [...]Read More >
Trade Signals: May 1, 2013
S&P 500 Index 1597 By Steve Blumenthal May 1, 2013 Sentiment Update – Charts and brief comment Investment Sentiment charts 4-30-2013: No change from comments made last week. Following are this week’s sentiment charts: Chart 1. NDR Crowd Sentiment Poll – Neutral (Bearish) – I REMAIN [...]Read More >
Trade Signals – Sentiment Update, Valuation & Sell in May
S&P 500 Index 1578 By Steve Blumenthal April 24, 2013 Sentiment Update, Valuation and Sell in May Investment Sentiment charts 4-23-2013: The NDR Crowd Sentiment Poll is for short-term traders and is calculated weekly. It peaked in mid-March at an extreme optimism reading of 70.5% and [...]Read More >
CMG 2013 Q1 Performance Update
Dear clients, friends and family: Following is the 2013 first quarter and year-to-date 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 [...]Read More >
Steve in the WSJ on ‘why the 60/40 model may no longer work’
Investors are turning away from Modern Portfolio Theory's 60/40 asset allocation model as low bond yields and low stock dividends force them to reexamine this time-honored strategy. Steve told reporter Charles Passy that there is a strategy that exists today to replace 60/40 that is accessible to [...]Read More >
On My Radar: Engineering Returns & Risks
April 19, 2013 By Steve Blumenthal On portfolio construction – Engineering Targeted Returns and Risks – Ray Dalio explains how to structure a portfolio that targets a 10% return with a 10-12% risk “Most investors have backed into a mix dominated by betas, especially equities. Because the [...]Read More >
- « Previous Page
- 1
- …
- 83
- 84
- 85
- 86
- 87
- …
- 103
- Next Page »