This week:
Commentary:
Summary
The mutual funds overall, corrected this week. Except for the Commodity funds, all other fund types corrected, and equity fund correction was the heaviest. Commodity funds recovered big time through this week.
Concern:
There are way too many concerns ahead. 1. US tariff related slow down. 2. US market melt down possibilities 3. Global alignment reworking will go thru short term issues, especially with the global supply chain slow down.
One can see in the Weekly Bottom 50, and Monthly Bottom 50 lists, the financial sector funds displaying bearish reversal signs, which is a concern.
Opportunity:
The commodities, Gold and Silver are perking up. So, investments into these funds short term will be good. These investments are persued globally as a hedge against dollar losing value ahead.
In the Annual Bottom 50, we can see technology funds showing signs of bullish reversal, meaning the worst is over. Need to see them coming into Weekly Top 50 list before investing in them fresh, to be safe.
1. Combined Funds Top 50
1.1. Combined Funds Top 50 Summary
Top 50 averages were mixed this week. The weekly average of Weekly Top 50 receded, but the monthly average of Monthly Top 50 and annual average of Annual Top 50 improved. This is because of the commodity funds super performance and equity funds sub performance.
With commodity funds anticipated to do well short term, we will see their domination in the Top 50 funds.
Annual Bottom 50 average sunk further, thanks to equity correction.
1.2. Combined Top 50
Green and Amber color marked mutual funds in the list: Since the focus is not only looking for the performance leaders, but also consistent above average performance across all the timelines, the funds are marked in Green or Amber to easily recognize consistency of perfromance among the leaders.
Green:
If the returns for all the available timelines from 1W thru 1Y is above the average within the list. The fund can not be marked green even with this rule if the returns are not available beyond a month, in which case the fund is marked as amber only.
Amber:
If the returns for all the available timelines from 1W thru 1Y is above the average within the list except for one timeline. For this exception, if any of the weekly and monthly returns are above average, then both timelines are considered to have above average
1.2.1. Combined Weekly Top 50
1.2.2. Combined Monthly Top 50
1.2.3. Combined Annual Top 50
Bearish reversal signs:
Both the weekly and monthly bottom 50 lists are leveraged to identify potential bearish reversal indications of the funds. This is done by marking above average annual return in bold and below average returns for the week and month. The funds with both weekly and monthy below average, but annual above average are marked in darker red, while the funds with only one of the weekly and monthly below averages but with above average annual return are marked in light red.
Bullish reversal signs:
Annual bottom 50 funds list is used to recognize potential bullish reversal. Any fund with above average return for both the week and the month in the list is marked as grey indicating potential bullish reversal.
2. Referrence Links
Blog: NatsFunCorner! on Blogger
https://natsfuncorner.blogspot.com/
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Disclaimer:
- This is not a solicitation for mutual fund investment nor an advice. It is only an insight to help investment decisions based on the free MF performance data downloaded from Value Research. Investment decisions are only yours to make.
- Mutual fund investments are subjected to market risk. Read the propsectus of a mutual fund for all the risk information associated prior to investment.
- The author can not be responsible for the ommissions or errors in the data from Value Research or the data processing errors if any by the author.
- All your investment decisions need to be based on your decision finally, with no blame to anyone else later.
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