Elev8 Model Trade Signal: Tactical Positioning Recap
Recapping the week’s trade, we’ve closed our tactical short on XLK. We remain short XLY, XLE and XLB
Elev8 Model Trade Signal: Tactical Positioning Recap Read More »
Elev8
Elev8 Sector Rotation Model Portfolio: August Positioning
Sharp rotation mid-month led to underperformance for July (-33bps). For August we discount negative seasonals and a potential rally in commodities prices to formulate our current exposures.
Elev8 Sector Rotation Model Portfolio: August Positioning Read More »
Elev8 Sector Rotation Portfolio July Rebalance: XLC and XLK Trigger “Sell Signals” amid Near-term Rotation into Cyclicals
ETFsector.com Elev8 Sector Portfolio Allocation Update, July 17, 2024 High-Beta Cyclicals Taking Over Leadership We are seeing a clear move towards economic cyclicals (XLY, XLF, XLI, XLB) in the near-term as a combination of dovish rate expectations and favorable earnings releases boost optimism. That move is being funded by selling longer-term winners XLC and XLK.
Elev8 Sector Rotation Model Portfolio: July Positioning & June Performance Recap
Going naked the Discretionary Sector during a month where it ended up outperforming resulted in a small loss (-20bps). We start out July with more beta in the portfolio and bigger bets on leadership sectors (XLK, XLC) given the improving status of monthly inflation gauges and continued strength in Growth oriented themes.
Elev8 Sector Rotation Model Portfolio: July Positioning & June Performance Recap Read More »