Feb. 1 at 7:37 PM
Across broad equity indices, momentum leadership has shifted toward value and dividend-oriented exposures.
$SLYV led with a 3-month momentum of 10.4%, while
$DVY surged to 9.3% after a 4.4-point week-over-week acceleration.
At the other end,
$QQQ and
$SPYG both turned negative:
$QQQ dropped 2.0 points to -1.0%,
$SPYG fell 1.4 points to -0.6%.
Momentum build: 5 of 17 ETFs showed strengthening trends, only 3 signaled early-stage exhaustion.
With 14 of 17 tracked ETFs still positive, breadth remains robust, but style rotation and volatility under the surface warrant close monitoring for mean reversion risk.
