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%
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%.
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
Since end of August, Trendrating has picked up a sharp degradation of momentum for Gold Miners. 86% of the rating changes in the last three months have been for stocks moving to negative momentum.