Elaine Garzarelli was a Partner and Managing Director at Lehman Brothers prior to starting her own company, Garzarelli Capital Inc. in 1995. Dr. Garzarelli has studied the stock market for over 25 years and was ranked First Team in Quantitative Research in Institutional Investor magazine’s All-Star poll for 11 years; she was also top ranked in Portfolio Strategy and Market Timing. In October 2012, Elaine Garzarelli was inducted into the Institutional Investor All American Research Team Hall of Fame which is a highly coveted prestigious honor.
Elaine currently uses her own self-built econometric mathematical models to predict the direction of the market and then determine the most favored sectors and industries likely to outperform the S&P 500 index. This quantitative methodology allows her to predict the major trends in stock prices and the earnings of over 80 S&P 500 industry groups. Elaine currently uses these mathematical models for stock market timing and sector selection in producing her Sector Analysis weekly reports which she issues to sophisticated investors and institutions.
Elaine Garzarelli is credited with predicting the bear market bottom in the S&P 500 price index in 1982, the top and bottom in 1984, the Crash of 87 and the upturn that followed, and the top and bottom in stock prices in 1990. She warned of overvaluation and problems with “phantom” company profits versus tax return profits as early as 1996, several months before Alan Greenspan’s “irrational exuberance” speech. She was bullish from early 1997 until December 1999. Her indicators showed an overvaluation in the S&P 500 of more than 40 percent in late 1999. In May 2000, her indicators fell to a bear market signal of below 30 percent. Her indicators were bullish at the bear market bottom in late 2002. She turned negative in January, 2008, and had a 100.0 percent hedged position for most of 2008, into early 2009. In March 2009, her indicators turned bullish.
Elaine was featured as a top businessperson in Fortune magazine and was listed in Business Week’s “What’s In” list. In addition, Elaine Garzarelli has been featured in the Wall Street Journal, USA Today, Forbes, the New York Sun, FONDS exclusiv, and other international media. She is a frequent guest on CNBC, Fox Business News and the Nightly Business Report on PBS. For over two decades, Elaine Garzarelli has been a frequent guest speaker at The Money Show throughout the country.
Elaine Garzarelli did her undergraduate and graduate studies at Drexel University where she holds a doctorate in economics and statistics. In 1992, Elaine was inducted by Drexel University into The Drexel 100 which is the University’s alumni hall of fame in which it recognizes a select group of alumni whose lifetime achievements are outstanding. In addition, Elaine has a scholarship fund at Drexel University for female undergraduates students in the Bennett S. Lebow College of Business.