Investing Research Articles

…evidence based on straightforward assumptions and tests does not support a belief that breakout indications after Bollinger Band-within-Keltner Channel conditions are reliable.

…available data is insufficient to determine whether Phil Erlanger’s Research is exploitable on a net basis. Portfolio overhead and biases in self-reported hypothetical returns could offset reported gross market outperformance for most investors.

Is the aggregate sentiment of futures traders predictive for asset returns? In the June 2008 update of their paper entitled “How to Time the Commodity Market”, Devraj Basu, Roel Oomen and Alexander Stremme investigate whether information in the weekly Commodity Futures Trading Commission’s Commitments of Traders (COT) reports enable successful timing of U.S. equities and… Keep Reading

…evidence from Zacks representative managed account and mutual fund results do not support a belief that realistic implementations of Zacks Rank data generate substantial net outperformance.

…investors may want to ensure that they base trading strategies on real-time expectations net of search costs and comprehensive trading frictions, with a substantial margin to accommodate data snooping bias.

We evaluate here the New York Metro “Bottom Line” commentary of Jim Cramer regarding the stock market via his archived articles since May 2000. Jim Cramer is among the most visible and prolific members of the financial media. He is Director, Co-founder and ubiquitous contributor at TheStreet.com, where he offers his ActionAlertsPlus service. He is… Keep Reading

…evidence indicates that self-reported hedge fund performance data tends to overstate hedge fund industry return and understate risk.

There is probably no instrument that is an “ideal” hedge based on the definition of very low return correlations with high-yield bonds under all economic conditions.

The leap from past multi-year highs to future performance is not obvious.

We evaluate here the market commentary of Donald Rowe since June 2002, previously available via Zacks.com. Donald Rowe, Chief Research Director of the Carnegie Management Group. Mr. Rowe’s commentary for Zacks was discontinued as of May 2008. The table below quotes forecast highlights from the cited source and shows the performance of the S&P 500 Index… Keep Reading