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 moved to a more cyclical bias during the month. Entering December, the sector model is overweight Communication Services, Consumer Discretionary, Energy, Materials, and Real Estate. Industrials dropped to marketweight. Utilities joined Health Care, Financials, and Consumer Staples at underweight. Click the link below to read more about the strategy’s positioning.
Full strategy commentary: NDRSASDH202312041
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