Modeling with the NAAIM Exposure Index [Quantifiable Edges] (opens in new tab)

For much of last week I was at the National Association of Active Investment Managers (NAAIM) Uncommon Knowledge conference. NAAIM is a terrific organization that I have become more involved with over the years. NAAIM has published its “NAAIM Exposure Index” since 2006. I did some research a few years ago on the index to determine whether the numbers might be valuable as part of a model. I found that 1) strongly oversold readings could be indicative that the market is so oversold it is ready ...