Active investment management’s weekly magazine for fee-based advisors

Marshall Schield

Marshall Schield is the chief strategist for STIR Research LLC, a publisher of active allocation indexes and asset class/sector research for financial advisors and institutional investors. Mr. Schield has been an active strategist for four decades and his accomplishments have achieved national recognition from a variety of sources, including Barron’s and Lipper Analytical Services.

Buy the rare P/E dip for a 27% gain

A successful strategy is to “buy the dip” in rising bull markets. The “dip” provides investors a profitable entry point for new money. This year has included prime examples. Buying the dips in February or March produced double-digit gains. The S&P...

Is it time for Emerging Markets to lead?

U.S. markets have been the world leaders for so long that it is easy to forget that there are other markets that should be considered. The U.S., Developed Countries, and Emerging Markets all peaked in 2007 at record highs. All then suffered through...

The positives of a bear market

Bear markets are a fact of life. They occur. They are unpleasant. Portfolios typically take a dip—often, a big dip. But bear markets should never come as a surprise. Nor should an investor be unprepared for them. Active, risk-managed strategies always...

Why use an ultra sector strategy?

While it is relatively easy to demonstrate the value of active management over a full market cycle, prolonged bull markets put the greatest amount of pressure on the tactical strategist to add value. It is easy for clients to forget the value that was...

Secrets of a successful sector strategy

If you own all of the sectors, you own the market and achieve average returns. The goal is to “aim higher,” strive for higher returns, and accomplish that with less risk. Based upon several decades of sector investing, we have found several “secrets”...