By Charles Biderman
There are two parts to the fiscal cliff equation. Government spending on services and taxes. Unfortunately almost all the discussion about how to fix the long term problem has been about taxes. Focusing on taxes to raise revenues to provide government services requires making a key assumption that governments can effectively provide services. But what if the real problem is that the US government by its nature is incapable of providing cost effective services? I say that government spending on services are not only cost ineffective but probably harmful to the overall economy. Read More
Hedge Fund Industry’s September Performance Lags S&P 500; Assets Down 25.8% Since Peak
European Funds Gain Most Assets in September; All 8 Global Regions Post Gains
New York, NY — November 13, 2012 — BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $3.4 billion (0.2% of assets) in September, building on a $7.7 billion inflow in August. Based on data from 3,004 funds, the TrimTabs/BarclayHedge Hedge Fund Flow Report estimated that industry assets stood at $1.8 trillion in September, down 25.8% from the June 2008 peak of $2.4 trillion. Read More
By Charles Biderman
I officially declare that the Bernanke Put is dead and buried. Nobody even talks about it anymore. It has been a while since someone on CNBC said there is very little risk in being long stocks since Ben Bernanke has the stock market’s back. Read More
Are you interested in a simple, inexpensive trading model that has outperformed the S&P 500 by 4.6% annualized since 2000 in back tests?*
The TrimTabs Market Timing Index is designed for retail investors and financial advisors who want to try to outperform the major stock market averages using a strictly quantitative strategy. You can buy a monthly subscription for just $20 to $60 per month or an annual subscription for $200 to $600 per year.
The TrimTabs Market Timing Index is a proprietary measure based on the flows of U.S. equity exchange-traded funds. You can buy market calls based on the index according to how frequently you want to trade. When you subscribe, you’ll receive an email message every two weeks, every four weeks, or every eight weeks telling you exactly how to trade for the upcoming period based on the index. All you need to trade is an S&P 500 index ETF.
Put the TrimTabs Market Timing Index to work in your portfolio now! You can buy a monthly subscription or an annual subscription.
Individual investors have been getting out of US equity mutual funds for most of this year. And the pace of outflows has been soaring recently. Outflows for all of 2012 now stand at $100 billion. Half of that, $50 billion, came out during the last three months. Flight from the funds is not a new trend. In fact, about $134 billion flowed out of equity mutual funds in 2011. ÊWhat’s really puzzling is that despite these heavy outflows, stock prices have gone up. Read More
Biderman’s Market Picks Available Now!
The TrimTabs Money Blog is pleased to announce the launch of Biderman’s Market Picks, a weekly video newsletter by Charles Biderman. This newsletter is designed to help you maximize long term investment gains while minimizing short term risks.
If you’re already a subscriber, please log in here. If you’re not a subscriber, you can buy single issues for just $10. For the next month, you can also buy an annual subscription for just $260, which is half off the regular price of $519.
Each weekly issue of Biderman’s Markets Picks has three parts. The first part covers what Charles is thinking about the stock market. The second part presents Charles’ views on the economy. The third part shows how Charles is investing a $100,000 model portfolio to try to profit from the information in the first two parts.
Put Charles’ insights to work in your portfolio right away! You can buy single issues for just $10 or buy an annual subscription for just $260.
I was on the Keynote Economic panel that ended this week’s annual Rutberg Wireless conference. At the conference, speaking directly before me were AOL CEO Tim Armstrong, who previously helped start Google; Jon Miller, formerly CEO of Fox Digital Media and Ross Levinsohn, former Yahoo CEO. Read More
After leaving New York last week, I was left with the overwhelming impression that most portfolio managers really believe stocks cannot go down. Why? Because portfolio managers have been fully trained to believe in the religious like School of What Works. And what has been working since 2009 is buying stocks regardless of anything and everything else. Read More
Actively Managed Domestic Equity ETF Outperforms Russell 3000® Benchmark Since Inception by Investing in Companies That Seek to Shrink Float Prudently
BETHESDA, Md. — October 16, 2012 – AdvisorShares, a leading sponsor of 16 actively managed exchange-traded funds (ETFs), recently celebrated the one-year anniversary of its domestic equity active ETF, the TrimTabs Float Shrink ETF (NYSE Arca: TTFS), which has outperformed the Russell 3000® Index since its inception. TTFS is managed by TrimTabs Asset Management (TrimTabs), an SEC-registered investment adviser affiliated with TrimTabs Investment Research, a renowned independent institutional research firm focusing on equity market liquidity. Read More
Howard Silverblatt is senior index analyst for S&P Indices. In addition to general market research and commentary, Howard is responsible for the statistical analysis of Standard & Poor’s family of U.S. Indices, including the world’s most followed stock market index, the S&P 500.