Our universe of stocks outperformed the S&P by 4.2% last month while the  Undervalued Screen gained 6.5% relative.  The Overvalued were equal to the universe’s return of 4.2% mainly due to the superior performance of the Energy stocks which numbered 15 out of 26 in the screen.

The Overvalued ended the month on a strong note gaining 2.4% in the last week.