Long-Short U.S. Equity Model Signals
Proprietary insights on trend, momentum, credit spreads, volatility measures and market breadth. Weekly commentary on the individual models and the overall picture they present for market risk and opportunity.
MEDIUM-TREND MODEL NOW POSITIVE, GLOBAL BREADTH IMPROVING
Summary:
- Another new Buy signal in our U.S. equity models was triggered last week. On August 26, 2020 our Medium-Term Trend model flipped when the S&P 500’s 100-day moving average closed above its 200-day average.
- This change in confirmed earlier signals from our Credit models (Buy signals in March and June), Volatility (Buy signals in June and July) and Momentum (Buy signals in April).
- Our Extreme Oversold (% of Stocks Above 10-Day Moving Average) signaled Reduce Gross Short March 19, 2020.
- Global breadth also continues to improve. Currently 11 out of the 45 country ETFs we track are positively trending and thus ranked “1” by our Trend1 model, up from four in July.
