After starting the year on a promising note, Oil & Gas stocks have declined along with the price of crude, since late March. Currently with a YTD performance of -12.1%, Oil & Gas stocks are the worst performing sector in the MSCI World index which has returned 9.6%. Since late March, Trendrating users have been aware...Read More
About a month ago, we released a report on Global mining stocks highlighting how this sector, after a long decline, was beginning to see a change in fortune (see link). Over the last month, as the S&P 500 index (SPX) as returned 5.45%, the SPDR S&P Metals & Mining ETF (XME) and the Market Vectors...Read More
January was a terrible month for global equity. The pain in January continued into February. Since mid-February however, equity markets, driven by select sectors, have experienced a modest recovery. The chart above displays the most recent momentum ratings issued by Trendrating to the FTSE All-Word ex US Index and is representative of what happened in...Read More
Slowing global demand, particularly in China has been cited as a major reason why metals and mining stocks performed poorly in 2015. Indeed, as recently as December, the red metal (copper) was still hitting multi-year lows. 2016 appears to be bringing a change in fortune as investors begin dipping their toes back in this sector....Read More
