msr_with-headshotThe Market Strategy Report

Mark Ungewitter is a veteran money manager, known widely for his original research and analysis.  Mark scours the globe for evidenced-based solutions, assessing world markets from a multi-disciplined perspective.  He is an accomplished market technician, specializing in visual presentation of complex matters.  Read on for a unique guide to everything financial.

Louise Yamada: Trump Rally Reminiscent of 1994-1995 Breakout in Stocks

By | February 17th, 2017|Categories: Market Strategy Report|

Below is an excerpt from a recent interview with market strategist, Louise Yamada.   “The thing that was really intriguing about the post-Trump breakout in the market was that it moved us out of an entire 2-year consolidation. If you [...]

Do Fund Managers Eat Their Own Cooking?

By | February 14th, 2017|Categories: Market Strategy Report|

You guessed it… “The number of managers showing no faith in their process is staggering.”  Interesting study from Russel Kinnel at Morningstar Research:  Further statistics reported by the Wall Street Journal are impressive, if not airtight:  [Mr. Kinnel] found [...]

Bull markets have a life of their own…

By | February 7th, 2017|Categories: Market Strategy Report|

For those attempting to interpret today’s rapid-fire political events, here’s an oldie but goodie from Robert Prechter, illustrating the tenuous connection between market action and exogenous events. Whatever one may think of Prechter’s own forecasting ability, he certainly raises [...]

Narratives Gone Wild: Investing in the Post-Election World

By | January 26th, 2017|Categories: Market Strategy Report|

Warning. Investment “narratives” may be harmful to your financial health. An investment narrative is a market forecast based on a hypothetical chain of events. If X, then Y, and of course Z. Narratives are an important part of the investment [...]

8 centuries of bond market reversals

By | January 18th, 2017|Categories: Market Strategy Report, Uncategorized|

Interesting article from Harvard’s Paul Schmelzing: My $.02?  Transitions from bull to bear markets have occurred gradually over long stretches of time.  In the most recent case, bonds traded sideways from 1936-1956.  It’s okay, then, to play cyclical rallies… [...]

When will MSCI admit China A-shares?

By | January 12th, 2017|Categories: Market Strategy Report, Uncategorized|

From Larry Jeddeloh of TIS Group: MSCI has been considering adding Chinese equities to their benchmark indexes for a long time, and just got done with another review [April 2016] wherein they decided to keep the A-shares out for now. But, how [...]

Is Healthcare a “Value Trap”?

By | January 5th, 2017|Categories: Market Strategy Report|

The healthcare sector appears “cheap” on a fundamental basis (Chart 1).   Further downside, however, seems necessary to complete a normal reversion from overbought territory (Chart 2).  I suspect that politics will bedevil the sector in 2017, suggesting underweight exposure for [...]