November 21, 2013

The Only Chart That Matters

With charts, if the conclusion isn’t immediately obvious I start to worry.  I love Tom McClellan’s charts.  This is a good one. —- “There are a lot of different indicators and studies that technical analysts use, and all of those […]
November 20, 2013

Risk Parity Smackdown

I missed this webinar with Bridgewater, Salient, and Invesco on risk parity.  Below is the replay and slides, but first a pic from the PPT: —- —- Webcast Replay Download Slides More from Bwater, Salient, and Invesco: The All Weather […]
November 18, 2013

Traders Guide to Markets

I’ve gotten behind a bit on some of the pieces I wanted to send out, so here are four, no charts just downloads…: Traders Guide to the Markets – Convergex Sortino a Sharper Ratio – Red Rock Capital and two white papers […]
November 17, 2013

The Next Generation of ETFs

Nice piece from PWC on all things ETFs, and what to look for next: Quick chart then download: —- —- Link to Article The Next Generation of ETFs Website
November 12, 2013

All the Valuation Indicators

Blame it on Bernanke or low interest rates, but all of the valuation indicators are saying the same thing according to Doug Short: Quick chart then download: —- —- Link to Article Valuations Website
November 10, 2013

Housing Stocks in 2014?

McClellan has a great chart in his weekly column examining lumber as a leading indicator for housing stocks: “Housing industry stocks as a group appear poised to start a strong pop up into early 2014.  That’s the message from looking […]
November 3, 2013

Global Value Valuations

Alliance Bernstein is quickly becoming a must read for me. Quick chart then download: —- —- Link to Article Getting Back into Value Equities Website
October 27, 2013

How it All Works

I’m sure many of you have already seen these, but below is the video and accompanying 200+ page white paper from Bridgewater. Quick chart then download: —- —- Download PDF How the Economic Machine Works (PDF) Video Website
October 24, 2013

How Good are You?

My buddy Wes at Empiritrage & Turnkey Analyst just put out a fun new study going back to the 1920’s.  He wanted to know the answer to the question: “What if you had perfect foresight in picking stocks, and could […]
October 17, 2013

TIPS of the Iceberg

Ambassador Capital takes a look at TIPS, a poorly understood asset class.  They come to the simple conclusion – don’t buy them. Quick chart before the download: —- —- Download PDF TIPS of the Iceberg Website
October 14, 2013

The Worst Stock in the Market

I sat down for sushi with John Del Vecchio in Dallas this past week, and as always, it was an interesting conversation.  For those unfamiliar, John is a forensic accountant who worked for some of the most famous names in […]
October 11, 2013

Guide to Markets

I’m always a sucker for chart books, and we’ve featured JPM’s Guide to the markets before.  Here is their new quarterly update. Quick chart then the download: —- —- Download PDFs Guide to the Markets Website
October 7, 2013

Quant Summaries

It’s hard to keep up with all the academic literature out there.  I used to post summaries from AlphaLetters, some of the banks do research summaries, and CXO always does a good job. Below are two summaries from another source, […]
October 6, 2013

Reducing Turnover with Smart Beta

I saw an analysis a few months ago on rebalancing portfolios sorted on CAPE monthly, which really didn’t make a lot of sense to me.  Many long term valuation metrics need a little time to work out.  Brightman talks about […]
October 5, 2013

Sector and index CAPEs

Below is our quarterly CAPE update with sectors and indexes… —- S&P 500 24 EAFE & EEM both 15 —- Website