And The Scorecard Says ?

You may recall the notes of August 28, Investor Scorecard, A Look Back and September 2, Using Investor Scorecard, Trading ETFs  where one of our members had written the following to me:

…My interest was piqued when I ran the numbers forward on the 5/7/2013 Investor Scorecard.The combination of RA Analysis with a value of “Outperform” paired with a Composite Score of less than 50 identified most of the highest performing Morningstar Sectors over the next six months. Quite impressive!

Last week there were no sectors that fit that requirement, Tuesday evenings update turned up one sector MG850 “Internet”.

Screen Shot 2014-09-17 at 7.55.18 AMRemember in my look back post of September 2 these were often not a buy now and take off situation. However they did perform over time. Let’s look at a composite chart, where the data for the scorecard is developed:

MG850Click the picture to enlarge, notes are on the chart. Now let’s dig a little deeper and look at the 3 Industry Groups within Internet:

850 Groups

Two of the three industry groups are under performing and that is what is holding the score of the sector under 50. I think what Steve noticed; that one industry group took the lead and later on the others followed suit.

Some ETFs that may fill the bill:

Of course you could go to Databases/Charts in the Navigation above:

Screen Shot 2014-09-17 at 9.24.21 AM And click on the 5th bullet point and list stocks either by the entire sector by plugging in 850 or one of the Industry Groups, 851, 852, or 853. In addition to the lists you will find additional information about each.

Talking Points and The Janet Yellen Effect: Does the Fed Control Markets?: 

Never let a politician or pundit give you investment advice (MarketWatch)
S&P 100 Tax Rate Report (Wallet Hub)
Hotel California: You Can Never Leave, Until You’re Asked To (AQR)
The Return of the Currency Wars (Real Time Economics)
How Often Do Stocks and Bonds Decline at the Same Time? (A Wealth of Common Sense)
Scotland – A Significant Event Risk (Cumberland Advisors)
What Apple Gets Right with Its Smartwatch (HBR)
China Profoundly Disagrees With FOMC Assessments (Alhambra)
Randall Munroe Of xkcd Answers Our (Not So Absurd) Questions (FiveThirtyEight)
No need to fear Fed tightening (Scott Grannis)
The NFL Scandal Shows Why You Shouldn’t Get Your News From the PR Department (LA Times)
Facebook Is Hiding Important Information From Investors (Business Insider)
Buffet, Bloomberg: What country is learning from Detroit (FreePress)
The Supply and Demand for (Belief in) Efficient Market Hypothesis (Worthwhile Canadian Initiative)
Jeff Bezos Declares War on Elon Musk (Business Week)

The Janet Yellen Effect: Does the Fed Control Markets?

Have A Great Day!