- For absolute momentum strategies the equity markets are in risk-on state. The returns of total bond markets have been healthy for the latest period.
- For strategies investing in a single top asset the leaders are QQQ and EEM (FEMKX).
- The relative strength leaders are growth, technology, consumer discretionary and emerging market stocks.
- Details for each strategy are posted below. The assets are listed in the order of their relative strength, thr top asset is the head of the list.
Top five: VGT, VCR, VAW, VOX, VIS
Top four: VBK, VOT, VIG, VUG
Top four: VEHPX, VPMCX, VWELX, VWEHX
Top four: FEMKX, QQQ, EFA, FXI
Note: The market condition may change significantly by the end of the month. The information listed above is a snapshot of market state at the mid-month.
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