Friday, April 10, 2015

The Lehman Indicators Signal Market Top

MW: April 10, 2015
"Since 1970, the sectors that on average have performed the best over the three months prior to those tops are Consumer Discretionary, Consumer Staples and Health Care"
"These are the very sectors that are at the top of the ranking for year-to-date performance, according to FactSet. In contrast, the three sectors that prior to past major tops were the worst performers, on average, are Utilities, Energy and Financials. And, sure enough, they are the three worst year-to-date performers.

Healthcare / Utilities:




Dow Internals


Shipping: