Momentum Ranking Week 48, 2022

Market Signal: Red

The 200 day Moving Average is getting closer for the S&P 500, but we’re not quite there yet. Will Powell tonight pour some cold water on this market again or will the year-end rally start soon?

Click here for the Momentum Ranking of week 48.

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CW48  2022 

Move over, tech stocks!

Market Signal: Green

When I ran the Python code today and updated the momentum ranking for this week, I learned that 8 stocks had to be sold, because they were no longer in the top 20% of the universe. I did not quite expect this and double-checked the calculations in Excel.

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CW48  2020