Day Hagan/NDR Smart Sector® with Catastrophic Stop Strategy February 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 remained with a cyclical bias during the month, but there were some changes. Entering February, Financials and Communication Services improved and joined Information Technology and Energy at overweight. Consumer Discretionary and Health Care deteriorated and joined Materials, Industrials, Real Estate, Consumer Staples, and Utilities at underweight.

Full strategy commentary: NDRSASDH202402051

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

Other posts

C8 Weekly Bulletin:  Trendrating on US Bank Stocks

BY JON WEBB
C8 Technologies are delighted to announce that Trendrating will be adding 7 US and European equity indices to C8 Studio. They have been working with investors over the past 10 years to enhance equity portfolios, using a proprietary methodology which focuses on determining the ongoing trend in individual equities. Trendrating have just produced a timely report on US bank stocks which they have kindly allowed C8 to share. This illustrates that, whilst the Silicon Valley Bank failure had idiosyncratic issues, investors perceive a much wider problem with smaller US banks.  Read more →

C8 Weekly Bulletin: US Earnings and the Corporate Balance Sheet

BY JON WEBB
Amidst the US Q3 earnings season, this Bulletin takes a quick look at corporate debt dynamics - a particular focus as market repricing has substantially boosted returns from short-maturity corporate credit exposure. C8 platform rates products are very diverse, ranging from cross-asset allocation to direct bond investment portfolios based on the S&P iBoxx bond indices and targeting specific credit/duration risks. Read more →

February 10: The Week Ahead

BY TEMATICA
Trump and tariffs, Powell, January CPI and more earnings Read more →
Back to all posts →