Respected Model Flashes Bullish Stock Outlook

The Value Line Investment Survey, a respected market timing model that “has an excellent track record predicting the market’s return” is predicting that the median U.S. stock will “produce an annualized price-only gain of 6.0% over the next four years.” This according to a recent article in MarketWatch by contributor Mark Hulbert. The survey prediction, published each week under the name Value Line Median Appreciation Potential (VLMAP), represents the median level of projections made by… Read More

There is Never a Good Time For Active Management – But Now Might Be One

By Jack Forehand (@practicalquant) —  When active managers are struggling relative to their benchmarks, you will often hear the same description of the problem. They will talk about how the current period has been a rough one for active management, but things are about to change and we are moving toward a “stock pickers market” where the criteria they use to select stocks will begin working again. They will argue that active management will rise again… Read More