Thursday, February 4, 2016

M11 Market Movers Update...02.04.16

While the markets continue to churn and threaten to retake the recent bottom here's a look at the market sectors and how M11 has ranked the momentum and mean reversion top 2 movers.
Both modes have actually done a respectable job of staying ahead of a buy and hold SPY position although some of the momentum mode leaders, especially XLU, are EXTREMELY overbought and the likelihood of a reversal is just a matter of time.