October 2026 · PAA ConfirmedIEF · GSG +5US Intermediate Treasury 83.3% · Commodities 2.8%
Defensive
7 of 12 assets above their 13-month average · 83.3% bonds · GSG ranks first among risky assets
Why this signal
risky assets
SPY+7.9%Selected
QQQ+12.7%Selected
IWM+4.3%Selected
VGK+2.4%Positive
EWJ+11.3%Selected
VWO+4.5%Selected
VNQ-1.6%Negative
GSG+24.1%Selected
GLD-5.5%Negative
HYG-0.8%Negative
LQD-4.1%Negative
TLT-7.8%Negative
defensive assets
IEF-4.2%Selected
PAA momentum (vs. 13-month average) · Keller & Keuning (2016)
Biggest moves this month
Largest gainCL=FWTI Crude Oil+0.28#14 → #4 ▲10
Largest dropSLVSilver-0.63#9 → #47 ▼38