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 September, Health Care, Consumer Staples, Energy, and Utilities are above benchmark weight. Financials and Industrials dropped to marketweight. Real Estate, Communication Services, and Materials are below benchmark weight.
Full strategy commentary: NDRSASDH202409041
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