CHART OF THE DAY: Mr. Market's Biggest Losers

11/05/18 08:25AM EST

 Editor's Note: Below is a chart (and excerpt) from today's Early Look written by CEO Keith McCullough.

Looking at the Sector and Factor Exposures within the US Equity market, the biggest losers of the past few months had the biggest bounces: 

  1. Basic Materials (XLB) bounced +6.1% last week to -10.9% YTD and remain Bearish @Hedgeye TREND
  2. Financials (XLF) bounced +4.4% last week to -4.7% YTD and remain Bearish @Hedgeye TREND
  3. HIGH BETA (as a factor exposure) bounced +7.1% last week to -5.9% YTD and remains Bearish @Hedgeye TREND

CHART OF THE DAY: Mr. Market's Biggest Losers - 11.05.18 EL Chart

CHART OF THE DAY: Mr. Market's Biggest Losers - early look

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.