Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our macro universe was positive across the board again this week as 70% of our list closed higher with a median return of 0.64%.
The US 10-Year Yield $TNX was the big winner, closing out the week with more than a 5% gain and fresh 13-week highs.
Once again, the biggest loser was Lumber $LB with a weekly loss of -12.15%
There was no change in the percentage of assets on our list within 5% of their 52-week highs - currently at 66...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
This week, we saw continued strength from our macro universe as 83% of our list closed higher with a median return of 1.56%.
Copper $HG was the big winner, as it gained over 10% and registered a fresh 13-week high in the process.
The biggest loser again this week was the Volatility Index $VIX, with a loss of -13.16%
There was a 19% rise in the percentage of assets on our list within 5% of their 52-week highs (currently at 66%)....
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
This week, we saw our macro universe lean positive as 62% of our list closed higher with a median return of 0.51%.
Lumber $LB was the big winner, closing out the week with a gain of more than 15% and registering a fresh 13-week high.
The biggest loser this week was the Volatility Index $VIX, with a loss of -11.25%.
This week, we saw no change in the percentage of assets on our list within 5% of their 52-week highs (currently at 47...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
This week, we saw a resumption of weakness in our macro universe, as 70% of our list closed lower, with a median return of -0.70%.
The Volatility Index $VIX was the big winner, closing out the week up more than 19% and registering a fresh 13-week high in the process.
The biggest loser this week was the Nasdaq 100 $QQQ, with a loss of -3.52%.
We saw a 17% drop in the percentage of assets on our list within 5% of their 52-week highs...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Risk assets just bounced back strong following the weakness they've experienced so far in September
Because there are also defensive assets like precious metals and bonds in our universe, we only saw 51% of our list close higher with a median return of 0.02%. These stats aren't a great representation of what really took place this week though.
The biggest development of all was the US 10-Year Yield $...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
There was widespread weakness in our macro universe again this week as 77% of our list closed lower with a median return of -0.53%.
Lumber $LB was the big winner, closing out the week with more than a 24% gain and registering a fresh 4-week high in the process.
The biggest loser this week was Silver $SI, with a loss of -6.54%.
We saw another 2% drop in the percentage of assets on our list that are within 5% of their...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our Macro list experienced widespread weakness this week as 81% of assets closed lower with a median return of -1.29%.
The VIX index was the big winner, closing out the week with more than a 27% gain and registering fresh 13-week highs in the process.
The biggest loser this week was Lumber, falling -7.13%
This week, we saw a 6% drop in the percentage of assets on our list that are within 5% of their 52-week highs (...
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our macro universe performance was positive across the board again this week, as 77% of our list closed higher with a median return of 0.65%.
The biggest winner of the week was Lumber $LB, which gained 12.78% as it continues to rebound off a key level of support.
Meanwhile, the week's worst performer was the Treasury Inflation-Protected Bond ETF $TIP, which fell by -1.05%.
We saw strength among US Large-Cap indices again...
Check out this week's Momentum Report, our weekly summation of all the action from a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our Macro universe performance was positive across the board this week, as 81% of our list closed higher with a median return of 1.57%.
The biggest winner of the week was Oil $CL, which gained 10.30%.
Meanwhile, the week's worst performer was the Volatility Index $VIX, which fell by -11.69%.
Several US Large-Cap indices finished the week at all-time highs.
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
The broad weakness from risk assets was reflected in our macro universe this week as 77% of our list closed lower with a median return of -0.91%.
The Volatility Index $VIX was the big winner, closing out the week with more than a 20% gain.
Meanwhile, the worst performer of the week was Oil $CL, which fell by -8.94%.
It was followed closely by another major procyclical commodity - Copper $HG, which dropped -5.80%.
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our Macro universe performance was positive this week, as 74% of our list closed higher, with a median return of 0.52%.
The biggest winner of the week was Dow Transports $DJT, which gained 2.93%.
Meanwhile, the worst performer of the week was Lumber $LB, which fell by a massive -10.22%.
Once again, several US Large-Cap indices finished the week at all-time highs.
Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.
Let's jump right into it with some of the major takeaways from this week's report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
Macro Universe:
Our Macro universe performance was mixed again this week as only 55% of our list closed higher with a median return of 0.38%.
The biggest winner of the week was the 10-Year Yield $TNX which gained 4.12%.
Meanwhile, this week's biggest laggard was the VIX index $VIX, with a massive loss of -11.46%.
Higher rates and suppressed volatility support the new risk-on tone we've seen markets exude in recent weeks.