Over My Shoulder

Alexander Ineichen: IR&M Momentum Monitor, Nov. 24

By John Mauldin

November 24, 2014

From Ineichen. Global momentum is turning over slowly.

Momentum monitor summary

Main take-away: Long-term trend for MSCI World remains negative despite Friday’s melt-up.
Equities: Long-term momentum in most regional equity indices is negative. (page 2)
Bonds: Long-term momentum in most global bond indices is negative. (page 2)
Sectors: There were six changes in long-term momentum, four positive (Italian consumer discretionary, and European, French and Spanish telecom) and two negative (European and Spanish financials). (page 3)
Earnings: Earnings momentum remains negative. (page 4)

Download - IRM_Momentum_Monitor_2014_Nov_24.pdf

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