Over the weekend, the New York Times ran an article about a new study of investment strategies. The article supported Northlake’s ETF rotation strategy by endorsing a strategy of monthly rotation among actively managed mutual funds based on four separate macroeconomic factors. This article caught my eye because after more than two years of developing […]
The November signals from the market cap and style models Northlake uses to allocate ETF-dedicated funds were unchanged from October. Consequently, no trades were done for November and client portfolios continue to own Mid Cap and Value. Specifically, clients own the S&P 400 Mid Cap (MDY) for market cap exposure, while style exposure is split […]
Although I rarely make a trade intra-month in Northlake’s model driven ETF investments, last Wednesday morning I moved half of the small cap value exposure to large cap value. This resulted in a swap of the Russell 2000 Value ETF (IWN) into the Russell 1000 Value ETF (IWD)….
Over the weekend I received fresh signals from Northlake’s monthly models. The big change for October is a new Value signal in the Style model after four consecutive months signaling Growth. As a result of the new signal, at the open on Monday I swapped all personal and client positions in the Russell 1000 Growth […]
After getting fresh signals from Northlake’s monthly models, client holdings in the Russell 2000 Small Cap ETF (IWM) were swapped into the S&P 400 Mid Cap ETF (MDY) at the open of trading yesterday. This trade was triggered mainly by the technical factors in the Market Cap Model. No changes were made based on the […]
I was out of town and unable to post on the August Model Signals last week. As clients have seen by now, the new signals led to a trade in the ETF portion of their portfolios. Specifically, the Market Capitalization model shifted from a mid cap signal to a small cap signal. Consequently, all holdings […]
Fresh signals for July for the Market Capitalization and Style models led to some trades in clients accounts on July 1st. The Market Cap model shifted from a weak large cap signal to a solid mid cap signal for July while the Style model moved firmly into growth territory for the first time since the […]
This morning, the #2 strategist at Ned Davis Research (NDR), Tim Hayes, discussed NDR’s latest views on the stock market. A Northlake client astutely noted that Tim was recommending large cap value while Northlake’s models just switched from large cap value to large cap growth. Given that Northlake’s models are produced by and based on […]
Due to a slowing but still growing economy and a decisive turn in the intermediate-trend indicators, the model Northlake uses to allocate between growth and value ETFs shifted from value to growth for June. This is the first monthly signal favoring growth since October 2003! The market cap model had no change for June and […]
Exchange Traded Funds (ETFs) are central to the execution of Northlake’s unique investment strategy. ETFs represent the bulk of client portfolios and are the vehicles used to apply the signals from Northlake’s Market Cap and Style models. I recently received a primer on ETFs from one of the main creators and distributors. Here is a […]
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Bayfield, WI 54814
tim@northlakecapital.com
847-226-9713
