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Investment Strategies / Mechanical Investing
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Author: FlyingCircus   😊 😞
Number: of 3962 
Subject: Market Indicators / GTAA update 11/29/23
Date: 11/30/2023 12:35 AM
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No. of Recommendations: 13
Summary - obviously there was a fast bullish recovery bounce in the first week to two of November after... whatever the last week of October was. As a result, the US markets have swung to bullish with positive to mildly positive trends. The Naz NH/NL remains the only BC in bearish state, but barely - after bottoming out at -460 10/29, it’s risen all the way back to -25.

In the last 2 weeks, the asset classes of small caps, small cap growth, RE, Foreign RE, Total Bond and 10Y US Govts have flipped to bullish (on price) - for the first time in many months. Punditry says this is a bet that the Fed is done raising rates.

Note: small caps are lagging; they started a bounce in November but have only advanced about 1/2 as much as the large cap/cap weighted indexes.

Trend/”timing” signals
* BearCatchers: 1 of 3 bearish - Naz NH/NL
* Others: only Naz bullish % is still bearish, an indicator of a "thinner" market (megacap focused).

My overall dashboard went from -9 bearish to 5 bullish/optimistic in 3 short weeks.
Asset Class	Signal	Top6	Rank
US LC IN X 1
US LC Momentum IN X 2
US SC CHG 11
US SC Mom./Grth CHG 10
For. Developed IN X 4
For. Dev. SC CHG X 5
Emerging IN X 3
Real Estate IN 8
Foreign Real IN 9
Total Bond IN 11
10Y US Gov IN 14
Global HighYld IN X 6
Preferred IN X 6
Cash/ST 13
Last month's post: https://www.shrewdm.com/MB?pid=247986777
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