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Portfolios Applying Our Research In The Markets

May 10 2023

Leuthold Portfolios Update - April 2023

  • May 10, 2023

The Core Fund was up 0.7% in April as the equity, fixed income, and alternative allocations all turned in positive performance for the month.

Apr 12 2023

Leuthold Portfolios Update - Mar 2023

  • Apr 12, 2023

The Core Fund was up 1.2% in March, managing to outperform the strategy’s long equity holdings thanks to superior performance from the fixed income and gold positions.

Mar 09 2023

Leuthold Portfolios Update - Feb 2023

  • Mar 9, 2023

The Major Trend Index current sits at Neutral, down one notch from its High Neutral reading entering February as the market pullback was enough to cause some deterioration in the Technical indicators. Equity exposure remains at 55% across tactical accounts.

Oct 07 2022

Tactical Asset Allocation Portfolios - October 2022

  • Oct 7, 2022

Major Trend Index Negative: Net Equity Exposure 38%

The Major Trend Index remains in Negative territory, with the sole improvement, of late, coming from the Sentiment segment—which is no surprise given recent price action. Other categories continue to paint a bearish picture, with deteriorating monetary conditions, poor market action, and valuations not yet reflecting historical lows. 

Oct 07 2022

Fully-Invested Portfolios - October 2022

  • Oct 7, 2022

AdvantHedge has performed better than the inverse S&P 500 and the inverse Russell 2000. Markets cascaded lower during the month as hotter than expected inflation reports pushed expectations higher as far as future Fed rate hikes.

Sep 08 2022

Tactical Asset Allocation Portfolios - September 2022

  • Sep 8, 2022

Both the Leuthold Core and Leuthold Global portfolios did a good job mitigating losses during the August selloff thanks to low equity exposure and relative outperformance from the stock holdings.

Sep 08 2022

Fully-Invested Portfolios - September 2022

  • Sep 8, 2022

AdvantHedge was up 3.5% in August, trailing the inverse S&P 500 (+4.1%), but ahead of the inverse Russell 2000 (+2.1%). It was a tale of two halves for this equity hedge last month.

Aug 04 2022

Tactical Asset Allocation Portfolios - August 2022

  • Aug 4, 2022

Both the Leuthold Core and Leuthold Global portfolios participated in July’s equity rally, but lagged their all-equity benchmarks.

Aug 04 2022

Fully-Invested Portfolios - August 2022

  • Aug 4, 2022

AdvantHedge was down 10.1% in July, trailing the inverse S&P 500 (-9.2%), but ahead of the inverse Russell 2000 (-10.4%).

Jul 07 2022

Tactical Asset Allocation Portfolios - July 2022

  • Jul 7, 2022

Both the Leuthold Core and Leuthold Global portfolios saw negative performance in June, as the underlying equity portfolios underperformed their benchmarks. Fixed income and gold also sold off.

Jul 07 2022

Fully-Invested Portfolios - July 2022

  • Jul 7, 2022

AdvantHedge was up 7.5% in June, trailing the inverse S&P 500 (+8.3%), and the inverse Russell 2000 (+8.2%).

Jun 06 2022

Tactical Asset Allocation Portfolios - June 2022

  • Jun 6, 2022

In May the Leuthold Core and Global portfolios both outperformed their benchmarks (which were flat), due to strong performance from their underlying equity strategies.

Jun 06 2022

Fully-Invested Portfolios

  • Jun 6, 2022

AdvantHedge was up 3.1% in May, ahead of the inverse S&P 500 (-0.2%), and the inverse Russell 2000 (-0.2%). Although the overall market ended the month flat, this equity hedge still succeeded in identifying pockets of weakness.

May 05 2022

Tactical Asset Allocation Portfolios - May 2022

  • May 5, 2022

The Leuthold Core and Global portfolios were down in April, but held up well relative to the selloff in the broad equity market.

May 05 2022

Fully-Invested Portfolios - May 2022

  • May 5, 2022

AdvantHedge was up 10.6% in April, ahead of the inverse S&P 500 (+8.7%), and the inverse Russell 2000 (+9.9%). After a brief bounce during the second half of March, the selloff in growth stocks—both profitable and unprofitable—accelerated during April.

Apr 06 2022

Tactical Asset Allocation Portfolios - April 2022

  • Apr 6, 2022

The Leuthold Core and Global portfolios treaded water in March; their equity positions lagged the market move higher, and fixed income continued to trade lower.

Apr 06 2022

Fully-Invested Portfolios - April 2022

  • Apr 6, 2022

AdvantHedge was down 3.5% in March, slightly leading the inverse S&P 500 (-3.7%), but trailing the inverse Russell 2000 (-1.2%). It was a tale of two halves as the selloff continued through the first half of the month, while the second half saw a rebound led by speculative growth and reopening stocks.

Mar 05 2022

Tactical Asset Allocation Portfolios - March 2022

  • Mar 5, 2022

The Leuthold Core and Global portfolios were both slightly down during February, with successful equity positioning and exposure to gold buffering them from the selloff in the broad equity market. 

Mar 05 2022

Fully-Invested Portfolios - March 2022

  • Mar 5, 2022

AdvantHedge was up 0.3% in February, trailing the inverse S&P 500 (+3.0%), but ahead of the inverse Russell 2000 (-1.1%). Speculative growth underperformance contributed positive returns, primarily through exposure to the Application Software industry.

Feb 04 2022

Tactical Asset Allocation Portfolios - February 2022

  • Feb 4, 2022

The Leuthold Core and Global portfolios both held up well compared to the broad equity market as speculative growth stocks continued to lead the market lower.