Highlights
- Despite rising macro and geopolitical risks, the U.S. MOTR Risk Gauge remains 'Risk On' in the long and medium term with cyclical leadership still intact.
- September's 'Risk On' setup called for buying weakness, especially with defensive groups like Utilities, Staples, and REITs not showing meaningful leadership.
- Broad market weakness has now pushed only 37% of stocks above their 50-day moving average and 27% above their 15-day moving average, creating. . .
