Performance

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The past year was one which exhibited very little in overall market volatility. In this environment the major stock market averages performed remarkably similarly. International, U. S. large, mid and small cap annual performance was in the range of 16 to 18 percent. The Stock Market Advantage (SMA) Portfolio underperformed ...

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The performance of the Stock Market Advantage (SMA) Portfolio was particularly fortuitous in 2011 as the investment returns trumped the indexes and the vast majority of professional money managers. This sort of outperformance is probably achievable only once every 10 years.  It can largely by attributed to luck with a ...

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The year 2010 was marked by a stock market that was strong in the spring with the S&P 500 closing as high as 1,212 on April 26, 2010.  A subsequent vicious correction ensued with the S&P 500 closing at a low of 1,022 on July 2, 2010; a drop of ...

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Richard Ferri has written two articles in Forbes recently making a strong case against actively managed funds. Many fund managers have been beating their chests bragging how they beat the S&P 500 index over the past 10 years (not a tough benchmark). Ferri claims that they are making incorrect comparisons: ...

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The SMA Portfolio’s partial allocation to fixed income during the decade has enabled favorable performance against the popular equity averages. The future may tell a different story. If the market continues its recent upward path with virtually non-existant corrections, implementing a timing strategy will be very frustrating. – The SMA ...

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________________________________________ It has been widely reported that 2008 will go down as one of the worst years on record for stock markets worldwide. The 10 year period ending in 2008 is reportedly in the worst 4% on record for U. S. stocks. In this lousy environment, the performance of the ...

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  The latest annual returns of the two featured portfolios were uninspiring in what was an exceptional year for those invested heavily in international stocks and commodities. The 10 year record is still holding up. There should be some buy signals generated this year if the economy enters a recession ...

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The results in the table above indicate the Tactical Timing System has performed better over the longer term than the shorter term periods. This is due to the system moving to a more conservative posture as the market moves higher. No corrections of major significance have occurred in the past ...

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