CHART OF THE DAY: Reiterating #Quad4

11/26/18 07:30AM EST

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

CHART OF THE DAY: Reiterating #Quad4 - zzx

If you want to A/B test your portfolio from a Factor Exposure perspective (instead of just from a long/short Sector Exposure perspective), 2 of the worst places to be in Quad 4 remained the same last week: 

A) HIGH BETA stocks were down another -3.4% last week and are down -12.3% in the last 3 months alone
B) TOP 25% EPS GROWTH stocks fell another -3.7% last week and are down -10.4% in the last 3 months alone
*Mean performance of Top Quartile vs. Bottom Quartile for SP500 companies 

Meanwhile a textbook Quad 4 asset allocation, the Long Bond (TLT), rose for the 3rd straight week with the UST 10yr Yield down for 3 straight weeks to 3.04% and both Utilities and REITS continued to outperform their Quad 4 aforementioned Sector Style options.

Reiterating #Quad4. 

CHART OF THE DAY: Reiterating #Quad4 - z chat

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