"What a wild ride it has been in equity markets so far this year. Recently, the British public voted to leave the European Union. This was a shock to markets as the remain camp appeared to have a slight lead in polls. Consequently markets sold off on June 24 when results were announced.
Smart Momentum analytics, as supplied by Trendrating, detects changes in momentum quickly and reliably, helping investors limit downside capture and protect profits in down markets while presenting positive momentum opportunities not to be missed by the discerning investor. As markets become more and more disconnected with fundamentals and driven by liquidity flows and sentiment, investors need a smart momentum model to filter through market noise to the true, underlying trend.
A week after BREXIT, we will look at the effect BREXIT has had on a few sectors and regions.
Sector Analysis:
Earlier this year, we released reports focusing on Mining and Banking stocks. In those reports, we highlighted the fact that mining stocks were being upgraded and out-performing the general markets while banking stocks, particularly European banks were in negative momentum and under-performing. BREXIT has confirmed this trend.
Smart Momentum analytics, as supplied by Trendrating, detects changes in momentum quickly and reliably, helping investors limit downside capture and protect profits in down markets while presenting positive momentum opportunities not to be missed by the discerning investor. As markets become more and more disconnected with fundamentals and driven by liquidity flows and sentiment, investors need a smart momentum model to filter through market noise to the true, underlying trend.
Full Article at TrendRating's Momentum Investing Blog