XLC - The trend is your friend -- what worked in October

Studies have shown that one of the best predictors of stock price performance is recent performance. In other words, what worked recently is most likely to keep working. So what worked in October? By Style: Growth and stocks with high trading volumes led among the performance factors in October, in a brief hiatus for value, which still remains the most successful factor strategy in 2021. The value factor instead was the worst performing in October, together with stocks associated with high leverage levels. Should you anticipate what recently worked to continue to perform, here's an equity screen for stocks with "A" or greater quant rating for growth with a market cap above $100 million.  Using only ETFs to measure factor performance, growth (NASDAQ:IUSG) was no surprise there, rising more than 8% on the month, closely followed by momentum (BATS:MTUM) at 7.4% and quality (BATS:QUAL) at 6.5%. No surprises on the

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The trend is your friend -- what worked in October