Trendrating Smart Momentum: Macro Analysis July 2017

Momentum is strongest in Developed Europe

Oil & Gas and Telecoms exhibited the strongest move to negative momentum

Health Care was the only sector to show an improvement in momentum

Model is advocating an over-weight for DM Europe and DM Asia equity

Investing along with the model strategy  returned 2% in June, out-performing its benchmark by 1.8%

Deteriorating Momentum in Fixed Income Securities

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

The Best Trends of 2016 – STOXX 600

Forecasting trends is impossible

Following trends is possible & lucrative

In 2016, Trendrating captured 73% of upward moves for the best performing stocks in the SXXP

Correct calls on Sector Momentum opened up many opportunities in an unpredictable year