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.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
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.
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.
