Weekly Risk Gauge (WRG): “Focusing on Change at the Margin.”

Highlights

  • January closed with broad gains across equities, while the U.S. MOTR Risk Gauge remained largely in Risk On despite a late-month downtick that froze the Monthly gauge in Mixed.
  • Market structure remains intact, with five sectors fully in Risk On across all timeframes and every sector except Consumer Discretionary holding at least one Risk On reading, suggesting any potential top would require time to develop.
  • Leadership. . .

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