The Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy entered this month recommending a fully invested allocation. The NDR Catastrophic Stop model is based on the combination of two proprietary composites: 1) the Internal Composite (technical and price-related indicators) and 2) the External Composite (fundamental, economic, interest rate, and behavioral/sentiment indicators). Each composite is one-half of the overall score.
The sector model remained with a mix of cyclical and defensive leadership during the month. Entering August, the sector model is overweight Consumer Discretionary, as well as Health Care and Utilities. Information Technology dropped to marketweight. Materials, Industrials, Financials, Consumer Staples, Communication Services, and Real Estate are underweight.
Click the link below to read more about the strategy’s positioning.
Full strategy commentary: NDRSASDH202308021
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