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 made several changes this month. Entering November, Consumer Discretionary, Financials, Information Technology, and Real Estate are above benchmark weight. Energy, Materials, Industrials, Communication Services, Consumer Staples, Health Care, and Utilities are below benchmark weight.
Full strategy commentary: NDRSASDH202411041
Visit the Day Hagan research page for access to additional commentary and webcasts.