The Catastrophic Stop model declined to 60.7% from 67.9% last week. The Internal Composite is bullish, and the External Composite is neutral. The Catastrophic Stop model has moved closer to neutral, setting it up to generate a sell signal more quickly if conditions warrant.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the equity market. The model declined toward the end of October but entered November with a fully invested equity allocation recommendation. If our models shift to bearish levels (below 40% for two consecutive days), we will raise cash.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the equity market. The model declined toward the end of October but entered November with a fully invested equity allocation recommendation. If our models shift to bearish levels (below 40% for two consecutive days), we will raise cash.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the equity market. The model declined toward the end of October but entered November with a fully invested equity allocation recommendation. If our models shift to bearish levels (below 40% for two consecutive days), we will raise cash.

We continue to invest in companies producing excess returns through positive economic profitability, supported by solid balance sheets, significant cash generation, & trading with considerable margins of safety. Using our consistent & differentiated investment approach, the Portfolio is focused on outperformance, seeking higher total returns with lower volatility.

The S&P 500 uptrend continues. Yet, with domestic elections and geopolitical jitters plus a recalibration of Fed interest rate cut expectations, select equity indices, sector proxies, and well-known Large Cap stocks have been sloshing around for months.

The Catastrophic Stop model increased to 67.9% from 62.9% last week. The Internal Composite is bullish, and the External Composite is neutral.

Election uncertainty, elevated geopolitical tensions, and pockets of excess optimism could lead to a price pullback or time correction, setting the stage for a post-election rally.  

The Catastrophic Stop model declined to 62.9% from 72.9% last week. The Internal Composite is bullish, and the External Composite is neutral.

The Catastrophic Stop model declined to 72.9% from 82.9% last week. The Internal and External Composites are bullish.

The DH Smart Value Portfolio continues to invest in companies producing excess returns through positive economic profitability, supported by solid balance sheets (quality), significant cash generation (profitability), and trading with considerable margins of safety (valuation). We believe these factors will continue to provide rational opportunities for the foreseeable future. Using our consistent and differentiated investment approach, the DH Smart Value Portfolio is focused on outperformance, seeking higher total returns with lower volatility.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the equity market. The model improved toward the end of September and entered October with a fully invested equity allocation recommendation.

The Catastrophic Stop model increased to 82.9% from 65.7% last week. The Internal and External Composites are bullish.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the equity market. The model improved toward the end of September and entered October with a fully invested equity allocation recommendation.

The Catastrophic Stop model combines time-tested, objective indicators designed to identify high-risk periods for the financial markets. The model improved toward the end of September and entered October with a fully invested fixed-income recommendation

Our Smart Sector models, which update today, recommended overweighting China at the beginning of the month. Despite election worries, when we combine our Smart Sector strategies with our weight-of-the-evidence approach, the Bulls remain in control.

The Catastrophic Stop model is unchanged this week at 65.7%. The Internal Composite is bullish, and the External Composite is neutral. The model continues to support a fully invested position. With the S&P 500 near all-time highs, the model has correctly maintained a risk-on stance YTD.

The Catastrophic Stop model is unchanged this week at 65.7%. The Internal Composite is bullish, and the External Composite is neutral.

Two weeks ago, the S&P 500 (SPX) experienced its worst weekly decline in 2024. Last week, SPX experienced its best weekly gain in 2024. Similar reversals have been more bullish than bearish. Equity’s reaction to the Fed’s interest rate decision doesn’t appear to change that belief.

The Catastrophic Stop model increased to 65.7% from 55.7% last week. The Internal Composite (price-related indicators) is positive, and the External Composite remains neutral.