Turn around in the equity market appreciation of value.

There has been a significant change in the market’s appreciation of value in equities this month.   As noted below in January’s results, the Overvalued had outperformed the Undervalued list by 4.7%. This has now reversed and the December Undervalued list is now 2.0% ahead.

This is also reflected in the Screens from January 31st where the Undervalued has outperformed its opposites by 4.9% this month.  This indicates a definite change in the tone of the market.

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