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…
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.
POSITIVE ROTATION OF MONEY INTO THE EUROPEAN BANKING SECTOR
CONTINUING POSITIVE ALERTS (UPGRADES) INDICATES THE IMPROVING OVERALL SECTOR PICTURE
BEST MOMENTUM IS COMING FROM BANKS IN NORTHERN EUROPE AND THE UK
ITALIAN BANKS CONTINUE TO LAG
The historically long bond rally is over. Negative momentum began creeping into bond markets a few months ago. Did you have the proper technology tools to identify the momentum shift? Unfortunately, many financial institutions did not and scrambled to unwind big positions. Trendrating is an excellent way to monitor Macro Market conditions in an objective,…
The most hated bull market in history charges ahead. The Fed’s interest rate decision, delivered in Janet Yellen’s speech, cheered markets putting risk assets back in play….at least for now. The Nasdaq 100 briefly traded at an all-time high yesterday (Sept 22, 2016) and closed just below that level. In markets like these that are…
Since about August 2014, Oil prices have been heading lower. From a high of about $114, Brent Crude dropped as low as $27.9 before recovering. Below is a one-year chart for Brent Crude from Trendrating. The graph clearly shows the steep fall in crude and the recovery, post March. Trendrating currently has a positive rating…