After starting the year on a promising note, Oil & Gas stocks have declined along with the price of crude, since late March. Currently with a YTD performance of -12.1%, Oil & Gas stocks are the worst performing sector in the MSCI World index which has returned 9.6%. Since late March, Trendrating users have been aware…
Almost none have beaten the market over the past 15 years
Some 66 percent of large-cap active managers failed to top the S&P 500 in 2016
As BlackRock recently reported, all signs point to implementing systematic models in order to outperform.
Momentum Ratings for Bond ETFs were downgraded to a C rating (start of a negative trend) in Trendrating’s November 2016 report
Since the C rating, there has been an average price drop of 7%
Since November 2016, the Bond ETFs covered in the November report have been further downgraded to a D rating (established negative trend)
High Yield Bond ETFs remain in positive momentum territory
For Strong Buys, Trendrating returned 10.39% vs. the analyst consensus of 3.92%.
For Strong Sells, Trendrating outperformed analysts by 33.15%.