Research, The Leader Board

The Leader Board Report: 1/15/16

A key step in successful portfolio management is to “Focus on the Leaders.” Our proprietary Adaptive Leadership System tells us which classes are likely to outperform given the current environment and is on display in our Leader Board below.

We have found that by paying attention to where the performance is both in the US market and around the world, it is easier to know where to make investments when money becomes available or when portfolio shifts are warranted.

As you review this report on a weekly basis, you will probably recognize that shifts in leadership are slow to develop. Don’t despair, this is a “big picture” overview and it takes time for changes to occur. However, perhaps the best advice we can provide to visitors is to make a habit of spending just a couple of minutes each week with our Leader Board, the Risk Manager Report, and the Market Models.

Our SOTM reports are brief, to the point, and easy to follow. And while these “big picture” reports aren’t sexy or fast moving, we can assure you that by keeping your portfolio “in tune” with the big picture, your performance will improve dramatically over time.



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The Leader Board

US Market: Cap-Size Leaders  
Near Term: Large Cap
Long Term: Large Cap
US Market: Style Leaders  
Near Term: Value
Long Term: Value
US Sector Leaders  
Buys: 1. Consumer Staples
  2. Health Care
  3. Financials
US Industry Leaders  
Buys: 1. Packaged Foods & Meats
  2. Soft Drinks
  3. Life Sciences Tools & Services
  4. Tobacco
  5. Health Care Equipment
Global – Leading Regions  
Buys: Europe
  Latin America
Global – Leading Countries  
Buys: 1. Venezuela
  2. Hungary
  3. New Zealand
Holds: 4. Ireland
  5. Denmark
  6. Argentina
  7. Sri Lanka
  8. Malaysia
  9. Belgium
  10. Finland
Top ETF Performers – Last 21 Days  
1. iPath Bloomberg Natural Gas Subindx Ttl Return ETN (GAZ) +75.71%
2. C-Tracks ETN on Citi Volatility Index Total Return (CVOL) +20.31%
3. PowerShares DB Crude Oil Long ETN (OLO) +17.61%
4. VelocityShares VIX Short Term ETN (VIIX) +12.27%
5. ProShares VIX Short-Term Futures ETF (VIXY) +12.25%

The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors of StateoftheMarkets and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. Stocks should always consult an investment professional before making any investment.

Any investment decisions must in all cases be made by the reader or by his or her investment adviser. Do NOT ever purchase any security without doing sufficient research. There is no guarantee that the investment objectives outlined will actually come to pass. All opinions expressed herein are subject to change without notice. Neither the editor, employees, nor any of their affiliates shall have any liability for any loss sustained by anyone who has relied on the information provided.

The analysis provided is based on both technical and fundamental research and is provided “as is” without warranty of any kind, either expressed or implied. Although the information contained is derived from sources which are believed to be reliable, they cannot be guaranteed.

The information contained in our websites and StateoftheMarkets publications is provided by Ridge Publishing Co. Inc. (Ridge). One of the principals of Ridge, Mr. David Moenning, is also President and majority shareholder of Heritage Capital Management, Inc. (HCM) a Chicago-based money management firm. HCM is registered with the U.S. Securities and Exchange Commission as an investment adviser. HCM also serves as a sub-advisor to other investment advisory firms. Ridge is a publisher and has not registered as an investment adviser. Neither HCM nor Ridge is registered as a broker-dealer.

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About the Author

Donald B. Moenning is the head of equity research at Heritage Capital Management, a Chicago-based investment management firm founded in 1989, as well as StateoftheMarkets.com. Don holds degrees in Economics and Business Leadership from the University of Puget Sound, lives in Denver, Colorado, and is an avid snowboarder.