Day Hagan/NDR Smart Sector® with Catastrophic Stop Strategy August 2024 Update

Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy, model and allocations update.
BY BRIAN SANBORN

The Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy entered this month recommending a fully invested position. 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 maintained mixed leadership this month. Entering August, Financials, Health Care, Industrials, and Utilities are above benchmark weight. Information Technology dropped to marketweight. Real Estate, Communication Services, Materials, and Consumer Staples are below benchmark weight.

Full strategy commentary: NDRSASDH202408051

Visit the Day Hagan research page for access to additional commentary and webcasts.

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