5/26/15 12:45 PM EDT CMG Capital Management Group CEO Steve Blumenthal stopped by theStreet in New York today to chat with Gregg Greenberg about the coming opportunity in high yield bonds. Catch the (3.25 min) segment here: How to Profit From the Coming Washout in High Yield Bond ETFs. Summary of [...]Read More >

May 22, 2015 By Steve Blumenthal “Ultimately, markets are the complex social action of human beings. Because of that they are driven by human emotions: fear and greed.” -Mark Finn CPI was reported this morning and there is a slight whiff of concern in the air.  Fresh data showed consumer prices [...]Read More >

May 15, 2015 By Steve Blumenthal “Anyone in investments should know that when you add together a number of uncorrelating returns, something magical happens.” - David Harding of Winton Capital Management This week let’s take a look at current market valuations (high) and what they are telling us [...]Read More >

S&P 500 Index 2100 By Steve Blumenthal May 13, 2015 The bond market has been under pressure with the yield on the 10-year Treasury going from 2.05% (April 30, 2015) to 2.28% (today May 13, 2015).  The Zweig Bond Model signaled “SELL” on May 4 when the 10-year was yielding 2.13%. Our CMG [...]Read More >

May 8, 2015 By Steve Blumenthal “Everyone has to think about what will happen to their wealth when interest rates change direction.” - Peter Briger, CEO and Co-CIO of Fortress Investment Group “By 2020, 70% of assets will be held by retirees and pre-retirees." - Salim Ramji, BlackRock’s Global [...]Read More >

S&P 500 Index 2075 By Steve Blumenthal May 6, 2015 The Zweig Bond model moved to a “SELL” signal this week signaling a move to shorten higher quality bond maturity duration.  Our CMG Managed HY Bond Program is neutral and we remain long HY bond exposure.  Momentum has declined and is [...]Read More >

May 1, 2015 By Steve Blumenthal  "Earnings don't move the overall market; it’s the Federal Reserve board.  And whatever you do, focus on the central banks and focus on the movement of liquidity.  Most people in the market are looking for earnings and conventional measures.  It's liquidity that [...]Read More >

S&P 500 Index 2101 By Steve Blumenthal April 29, 2015 The market feels heavy and the “sell in May and go away” seasonality issues are immediately in front of us.  However, while aged - the overall trend remains positive as measured by Big Mo, 13/34-Week EMA and because volume demand [...]Read More >

  Dear clients, friends and family: Following is the 2015 first quarter net performance for CMG’s Tactical Investment Strategies along with our thoughts on each strategy over the past quarter.  In addition, we have provided the net performance for the CMG Managed Blends and the CMG [...]Read More >

April 24, 2015 By Steve Blumenthal  "The most difficult thing is the decision to act, the rest is merely tenacity." - Amelia Earhart Understanding when a recession might begin is important to our long-term financial health. Why? The stock market declines approximately 40% during recessions. I’ve [...]Read More >

S&P 500 Index 2109 By Steve Blumenthal April 22, 2015 Charts are updated below.  Trend remains positive and sentiment supportive. Included in this week’s Trade Signals: Cyclical Equity Market Trend: The Primary Trend Remains Bullish for Stocks Volume Demand Continues to Better [...]Read More >

April 17, 2015 By Steve Blumenthal “I’m not predicting a crash, I’m just saying the risk reward of going early (Fed raising rates) is better than going late.” - Stan Druckenmiller I spent 45 minutes this morning watching the Bloomberg interview with Stan Druckenmiller.  I had a number of other [...]Read More >

S&P 500 Index 2096 By Steve Blumenthal April 15, 2014 There are no major changes in trend and investor sentiment in the last few weeks. Below are the most recent trend and sentiment charts. Let’s call the environment cautiously bullish. Overall, valuations remain high and forward [...]Read More >

April 10, 2015 By Steve Blumenthal  "I can't change the direction of the wind, but I can adjust my sails to always reach my destination." - Jimmy Dean Over the course of the first quarter, Standard and Poor’s lowered their forecast for 2015 earnings from $135 per share to $112 per share to $110 [...]Read More >

By Steve Blumenthal April 8, 2014 Included in this week’s Trade Signals: Cyclical Equity Market Trend: The Primary Trend Remains Bullish for Stocks Volume Demand Continues to Better Volume Supply: Bullish for Stocks Weekly Investor Sentiment Indicator: NDR Crowd Sentiment Poll: [...]Read More >