Following up on last week's discussion, we conclude our multi-part series on positioning for a potential market recovery, by building and analyzing a model portfolio that internalizes the insights we've gained from prior recoveries. Through the construction of a model portfolio we've uncovered an intuitive insight applicable to the recent recovery so please make sure to read the section...
February 10, 2019Read More
July 26, 2018Read More
Here are a couple of quick updates on some factors that we've discussed in recent weeks.Dividend Yield / Growth Update Last week, we highlighted the Dividend Yield factor in our US model.
- At the time, our Factor Profile tool had isolated it as being “Extremely Oversold” at -2.24 standard deviations below the historical mean on a normalized basis.
- Today, this factor sits at -2.31 SD below the...
July 20, 2018Read More
Hope you've been having a good week. I wanted to briefly discuss the Dividend Yield factor in our US model, as our Factor Profile is indicating that it's currently “Extremely Oversold.”
Historically, we've seen Dividend Yield rally when investors have limited alternatives for yield - particularly in a lower rate environment. In a rising yield environment, dividend payments might not be as...
May 11, 2018Read More
Our Factor Profile tool is currently flagging the Oil & Gas sector in both our equity and macro models as exhibiting "Overbought" conditions. While interesting by itself, there are also implications for other factors that are important to understand and follow. Let's dig in:
Oil, Gas, & Consumables
- In the US market, the Oil, Gas, & Consumable Fuels sector factor has seen a strong rally, up