May 2025 · VAA ConfirmedIEFUS Intermediate Treasury · 100%
Defensive
SPY turned negative — moved to defense · IEF ranks first among defensive assets
Why this signal
offensive assets
SPY-0.08Negative
VEA+0.25Positive
VWO+0.04Positive
BND+0.07Positive
defensive assets
LQD+0.03Positive
IEF+0.11Selected
SHY+0.08Positive
13612W momentum score · Keller & Keuning (2017)
Biggest moves this month
Largest gainBTC-USDBitcoin+0.64#25 → #1 ▲24
Largest dropCL=FWTI Crude Oil-0.97#17 → #39 ▼22