U.S. Equity Strategy Updates

This has been quite a start to 2025, and this year is already providing an excellent opportunity for The MarketVector™-GammaRoad U.S. Equity Strategy Index (Bloomberg: MVGMMA Index) to demonstrate its value and potential to navigate significant changes in market conditions. The S&P 500 Total Return Index experienced its second consecutive down month in March and fell by -5.63%. The MarketVector™-GammaRoad U.S. Equity Strategy Index benefitted from entering March at roughly 33% equity exposure and 67% T-Bills exposure. During the month...

The MarketVector™-GammaRoad U.S. Equity Strategy Index (Bloomberg: MVGMMA Index) reduced its equity exposure for the second time since the start of the year, as its measure for economically sensitive asset relationships turned bearish during the second week of February. As a result, the strategy further lowered its equity weighting to 33% and increased its T-Bills exposure to 67%. The strategy returned -0.05% for February and provided valuable risk mitigation relative to the S&P 500 Total Return Index, which fell by -1.30% for the month. Year-to-date through February the MVGMMA Index...

The market continued its impressive run in January, as the S&P 500 Total Return Index rose by +2.78% for the month. The MarketVector™-GammaRoad U.S. Equity Strategy Index (Bloomberg: MVGMMA Index) benefitted by entering 2025 at its maximum equity exposure and returned +3.23% to start the year. Notably, the strategy’s measure for consumer confidence turned bearish during the final week of January...

To follow-up on our focus from last month’s update, the market entered December in rarified territory based on its lofty performance over the prior 12 months. The S&P 500 Total Return Index took a breather by falling -2.38% for the month, while still recording an impressive +25.02% for the full year. As previously noted, the MarketVector™-GammaRoad U.S. Equity Strategy Index (Bloomberg: MVGMMA Index)...

We highlighted in our November update that we expect larger directional market moves following a period when only 1 out of 3 measures is bullish for the MarketVector™-GammaRoad U.S. Equity Strategy Index (Bloomberg: MVGMMA Index). November certainly lived up to those expectations...