Here's how the X sector and Gamma models have fared....
One thing that jumps out is the dominance of XLU (utilities) in both models. This situation is especially surprising in the Gamma model which has SSO (SPY ultra bull) as part of the component mix. Also note the on going low ranking of XLF (financials)...bearish.
Recall that SHY (NOT BE TO CONFUSED WITH SPY) is the I Shares 1-3 Treasuries ETF, which is basically the same as cash.
First, the SPDR X Sector model:
And now Gamma, which takes in a wider view of the market spectrum and incurs higher beta.
