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Remember when I used to do posts like these? The last full time was May 2014. I lost access to the data, and eventually I gave up.
Recently, I got access to the data back, and I rebuilt the model. I'll do a post like this every now and then.
My main industry model is illustrated in the graphic. Green industries are cold. Red industries are hot. If you like to play momentum, look at the red zone, and ask the question, "Where are trends under-discounted?". Price