Stock Indices

Beware: Russell 2000’s True P/E Ratio Is 78.7, NOT the 20 to 26 Bandied About

The Russell 2000’s true P/E today is higher than it was at either the top of the internet bubble or the 2007 bull market peak. That’s important information in light of the Russell 2000 dropping below its 200-day moving average. Rather than providing a floor underneath the index, its true valuation will be exerting a force towards even more declines.

Read More »

Bull Market Peak?

At what appears to be the completion of an outstanding bull market for equities, it is appropriate to review our checklist for a top.

Read More »

Motivated Stock Pickers CAN Beat the Market! Here’s How

What hope can there be for motivated stock pickers to outperform the low-cost index funds that simply mechanically track the market? Well - in spite of the absurd rise of the Nobel-acclaimed, and highly promoted, Efficient Market Hypothesis that claims that individual investors can't beat the market - it turns out there is plenty! [Let me explain.] Words: 1574

Read More »