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Jul 31 2018

MTI: Momentum Strengthens

  • Jul 31, 2018

A large gain in the Momentum category was almost entirely the result of a positive flip in a key market Reversal Model which had been bearish since March. While the long-term record of this model is good, its BUY signals over a forward three-to-six-month horizon have been less reliably bullish than, say, a breadth or momentum “thrust.”


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager