Trends within the markets are often the most reliable indicators of upcoming asset price movements. From Larry Livingston to today’s data driven world, “the trend is your friend” has made and saved many investors money. In this weekly report, Global View Capital Management, along with its research partners, lay out some of the most important market trends for investors.
Our ETF Rank Quickview is designed for financial advisors who use a tactical or trend following approach to investing. Included are bullet points on market activity, a ranking of trending asset classes, as well as, intermediate and long-term trend signals.
The rally in equities expanded last week as new asset classes became more favorable investments. Technology shares surged to the top of our rankings despite a tough Friday. Europe, which matched U.S. GDP growth in 2016, also showed that the old continent still has some life left.