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Sector rotation is a well-respected technique for building equity portfolios. Leuthold believes there are advantages of operating at the group level, rather than the traditional sector level, to enable clearer alignment with the business cycle, stronger factor signal extraction, and wider performance dispersion across industries.

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Major Trend Index 11/3/2025

The Major Trend Index was unchanged at a high neutral reading of +1 in the week ...

Major Trend Index 10/20/2025

In the last week and a half, the stock market has largely shrugged off a mini-cr...

Major Trend Index 10/13/2025

The Major Trend Index was unchanged at a high neutral reading of +1 in the week ...

Building with the Right Bricks - Core Residential Credit Strategies for Income Portfolios

Reassessing Core Income in a Changing Market

Explore Leuthold Content

Major Trend Index

The Major Trend Index held at a Neutral reading for the week ended July 26th. A ...

Leuthold Group Insights Market Commentary Leuthold Styles, Boxes, and Paradoxes

Leuthold Select Industries is the mutual fund incarnation of our Group Selection...

Leuthold Inflation Watch

The latest CPI report was a tad cooler than consensus. Our scorecard suggests th...

Leuthold's Major Trend Index

The Major Trend Index was unchanged at a High Neutral reading of +1 for the week...

Earnings Almanac

The S&P 500’s estimated bottom-up operating EPS shrank 2% during the first m...

Major Trend Index (11/2024)

The Major Trend Index was unchanged at a High Neutral reading of +1 in the week ...

Major Trend Index (1/31/2025)

The Major Trend Index was unchanged at a Neutral reading of zero in the week end...

Major Trend Index (2/7/2025)

Question: “What do the stock market and my wife have in common?” Answer: “They’r...

Major Trend Index

The Major Trend Index was unchanged at a high neutral reading of +1 in the week ...

Major Trend Index

In the last week and a half, the stock market has largely shrugged off a mini-cr...

Major Trend Index

The Major Trend Index was unchanged at a High Neutral reading of +1 in the week ...

Major Trend Index

The Major Trend Index was unchanged at a high neutral reading of +1 in the week ...

Leuthold’s Group Selection Scores: A Distinctive Approach to Thematic Investing

Sector rotation is a well-respected technique for building equity portfolios. Le...