MARKET TRENDS

Stronger markets can lead while weaker markets can fall back.

Our Research

Stronger Markets

Strong markets are determined by relative strength filters and trend analysis. We then rank these markets and compare them to major indexes.  If markets are stronger than the indexes, they become potential candidates for investment.

Weaker Markets

In our research and experience, when markets become weak, they tend to stay weak.  And this weakness can stay in place much longer than anyone can predict.  Therefore, it is important to identify these markets so we can avoid them until they start exhibiting signs of strength.

Stronger vs. Weaker

Over time, we observe shifts.  What used to be strong is now weak and vice-versa.  Of course, we also see markets that are neither strong nor weak for a period of time.  We are constantly watching to see what changes occur. 

Once a month a current listing of these areas of strength and weakness will published here.  We invite you to re-visit so you can see what is new.

October 2023

  Areas of the Market   Areas of the Market 
  Getting Stronger   Getting Weaker
       
1 Sugar 1 Solar Energy
2 Software 2 Lithium
3 Insurance Companies 3 Airlines
4 CyberSecurity 4 Long Term U.S. Treasuries
5 Crude Oil 5 Wind Energy
6 Floating Rate U.S. Treas. 6 Utilities
7 U.S. Dollar 7 Regional Banks
8 Oil Exploration 8 Real Estate
9 U.S. T-Bills 9 Small Companies
    10 Long Term Corporate Bonds
    11  Japanese Yen
    12 Travel & Leisure
    13 High Yield Bonds
    14 Biotechnology
    15 Autonomous Cars
    16 Wheat
    17 Retail Companies
    18 Agriculture Companies

 

 

August 2023

 

  Areas of the Market   Areas of the Market 
  Getting Stronger   Getting Weaker
       
1 Oil Equipment 1 Solar Energy
2 Infrastructure 2 Japanese Yen
3 Homebuilders 3 Long Term Corporate Bonds
4 Steel Companies 4 Wind Energy
5 Internet Companies 5 Utilities
6 Software 6 Inflation Protected Treasuries
7 Technology 7 Wheat
8 Semiconductors 8 Biotechnology
9 Cloud Computing 9 Real Estate
10  NASDAQ 10 Lithium
11 Communications    
12  Swiss Franc    
13  Floating Rate U.S. Treas.    
14  Oil Exploration    
15 Transportation    
       
 

 

 


 

Source: NASDAQ Dorsey Wright & Assoc.

The opinions expressed here reflect the judgement of the date of the author as of the report and are subject to change without notice.

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