The Investment Grade Value Stock Index - Continued

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History of the Investment Grade Value Stock Index

The IGVSI was developed in December of 2007 to provide a benchmark for the equity portion of Market Cycle Investment Management portfolios. For more than ten years, Investment Grade Value Stock investors had been frustrated by the inadequacies of the DJIA and the NYSE indices. During that period. NYSE Issue Breadth and New High vs. New Low Statistics frequently moved in different directions than the averages.

Since 2005, the popularity of Closed End Index Funds has altered the statistical playing field, making NYSE "market stats" nearly worthless. There are fewer than 400 Investment Grade Value Stocks, yet NYSE "issue breadth" numbers report trading of over 3,000 issues per day. Similarly, the advanced/declined" number have become derivative report cards, making it difficult for IGVS investors to zoom in on their area of interest.

Hoping to answer the now ludicrous question: "whatever happened to stocks and bonds?", several old school diagnostics are presented here.

The IGVSI chart tracks the most fundamentally sound companies on the planet. The IGVSI "Bargain Stock Monitor" analyzes individual issue and sector pricing for better decision making. IGVSI Issue Breadth and 52-week "High vs. Low" numbers help to complete the equity environment trend picture, and the "Expectation Analyzer" discussion will help you fine-tune your performance expectations.

Two other indices, the Working Capital Model Select Income (WCMSI) and the Working Capital Model Select Municipals (WCMSM) report on the movement of managed closed-end income funds of the type contained in Market Cycle Investment Management portfolios.

All of these important numbers are presented for your information only...

Most investors misuse, even abuse, the statistics they have contact with. Statistics are historical data, and none can actually predict anything. What they are best used for is to formulate performance expectations --- a skill that must be mastered for long-term investment success.

The IGVSI is a new index, but one that is becoming an accepted benchmark for assessing the performance of the "Equity Bucket" of Market Cycle Investment Management portfolios.

The income portion of a portfolio demands separate attention, and a pretty much blind focus on income. Click here for a helpful article on that subject, or study Chapter Five of The Brainwashing of the American Investor "What Your Mother Never Told You About Income Investing".

The WCMSI is presented with the IGVSI to give you a feel for what is going on in the income portion of your investment portfolio --- the WCMSM examines a sampling of closed-end Municipal Bond funds.

Click for Details --> IGVS - Part 1 <--

Market Cycle Investment Management
3912 Betsy Kerrison Pkwy
Johns Island, SC 29455
Phone (800) 245-0494 • Fax (843) 243-8509
Contact Steve directly for additional information: 800-245-0494

Please read this disclaimer:
Steve Selengut is registered as an investment adviser representative. His assessments and opinions are purely his own. None of the information presented here should be construed as an endorsement of any business entity; the information is only intended to be educational and thought provoking.

The Working Capital Model - Market Cycle Investment Management - Mentoring Program

Professional Investor/Manager Steve Selengut walks you through the Market Cycle Investment Management (MCIM) portfolio management process. He'll hold your hand, answer your questions, and do everything short of security selection as you learn how to run your own (or your client's) portfolio.

The Mentoring Program includes:

  • The "Brainwashing" Book or E-Book
  • A preliminary portfolio review and retirement ready planning session
  • One hour of conversation per month.

The mentoring program is private

Headsets will make any on-line meeting experience much more productive.


Associated Content:
Stock Market Explodes After Trump Victory; Income CEFs Only Remaining Bargain - What happens in the future is unpredictable, but understanding the past and how it impacts your uniq...
New 52-Week Highs Swamp Lows Since Trump Victory; Eighteen Days and Counting - The New High and New Low issue stats can identify weaker and/or stronger sectors within the Investme...
Stock Market Issue Breadth Strong Since Trump Victory - IGVSI breadth statistics signal changes in direction within Investment Grade Value Stocks only --- a...
Market Rally Resumes; Trump Election Excites the Stock Market - The fewer IGVSI equities at bargain prices, the stronger the market and the more Smart Cash that sho...
IGVSI Up 16% thru November; Twice the Gain in the S & P 500 - The IGVSI is a barometer of a small but elite sector of the stock market called Investment Grade Val...
Investment Grade Value Stocks: August Market Statistics - The S & P 500 began to achieve new All Time Highs in March 2013 --- impressed? The IGVSI started a r...
Investment Performance Expectations and Broker Account Statements - Whether you go the discount route through Schwab, Ameritrade, Fidelity, etc., or enjoy a higher leve...
Modern Portfolio Theory --- The Root Of All Evil - Clearly, the MPT creators were once Mutual Fund investors, looking for something better after years ...
Harnessing Stock Market Volatility - On the bright side, enhanced market volatility enhances the power of the equity and income security ...
Investment Performance Expectations: MCIM Portfolio Fine Tuning - How can I get you to stop fixating on monthly market values and to focus on the purpose of the secur...

Please read this disclaimer:
Steve Selengut is registered as an investment advisor representative. His assessments and opinions are purely his own and do not represent the views of any other entity. None of his commentary is or should be considered either investment advice or a solicitation of business. Anyone seeking individualized investment advice should contact a qualified investment adviser. None of the information presented in this article is intended to be or should be construed as an endorsement of any entity or organization. The reader should not assume that any strategies, or investments mentioned are any more than illustrations --- they are never recommendations, and others will most certainly disagree with the thoughts presented in the article.