| Sector Average Rank | |
|---|---|
| Business Services | 50.35% |
| Consumer Goods: | 56.32% |
| Consumer Services: | 50.31% |
| Energy: | 27.78% |
| Financial Services: | 57.30% |
| Hardware: | 48.13% |
| Healthcare: | 56.40% |
| Industrial Materials: | 37.62% |
| Media: | 42.38% |
| Software: | 59.33% |
| Telecommunication: | 50.94% |
| Utilities: | 68.29% |
| Size/Style Average Rank | |||
|---|---|---|---|
| Value: | Blend: | Growth: | |
| Large: | 49.81% | 47.90% | 36.57% |
| Mid: | 55.42% | 43.77% | 42.42% |
| Small: | 52.71% | 52.32% | 53.80% |
| Stock Overview | |||
|---|---|---|---|
| Stocks in Buy Mode: | 501 | ||
| Stocks in Sell Mode: | 1970 | ||
| Stocks Outperforming: | 997 | ||
| Stocks Underperforming: | 1495 | ||
| Noiseless Return Weekly Update | September 28, 2008 |
|---|---|
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The short term sector view is showing the financial sector pushing to new high as well as a nice bounce in energy. The longer term view shows the continued gain in the financial sector and the continued fall in the energy sector. All this coming on the heals of a market that looks to be poised to open without a $700B deal on the table, even after one had been long expected over the weekend (and the reason this post was delayed).
The markets rallied into the close Friday as the market though the risk of not holding stocks on a potential deal was higher than not holding stocks. Of course now the markets are poised to open lower since a deal is not yet on the table. The question becomes where is the market going to go from here, and for that I believe it is all going to be about the economy. What has been lost in all of this financial crisis is that we have a global economic downturn. The entire world economy is going into recession and this has been reflected for quite some time with the downturn in energy and commodity prices falling and their stocks getting hammered. At some point this vial of the financial termoil, that is blocking so many people's vision of what is truely going on, is lifted I don't see how the markets can rally. Unless the $700B manages to jump start the world economy (The bill would likely have to be $7T in order to do that) then the stock markets should end up following energy down as the economic picture of a slowed world economy takes over. Sadly all the $700B is going to do is allow the banks to clean up the balance sheets and get back to the leverage values that they feel more comfortable with, and while it may free up lending for top ranked individuals and businesses, the money needed to grow and expand the economy (the risky loans) will stay frozen solid. |
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| Market Update Archive | |
| Noiseless Return 500 |
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Trades: No new trades. This Portfolio scans the stocks in the S&P 500 index at the start of each quarter and buys the top 12 rated stocks based on the MLT+Vol Rating calculation. Each buy is 2% of the value of the portfolio (24% per quarter) and are held for one year. |
| Noiseless Return Total Market |
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Trades: No new trades. This Portfolio scans a custom set of about 600-700 stocks from all sectors, styles, and sizes. At the start of each quarter the top 16 rated stocks based on the MLT+Vol Rating calculation are bought. Each buy is 1.5% of the value of the portfolio (24% per quarter) and are held for one year. |
| Noiseless Return ETF |
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Trades: No new trades. Experimental Portfolio! This Portfolio uses the aggregate data for all stocks on the Noiseless Return web site based upon the MLT+Vol Rating Calculations. The fund will buy ETFs for the top two reported sectors at the start of the quarter and are held onto for one year. Each ETF we buy will be 12% of the portfolio's value (24% per Quarter). |