Turn around in the equity market appreciation of value.

There has been a significant change in the market's appreciation of value in equities this month.   As noted below in the February 1st comment on January's results, the Overvalued had outperformed the Undervalued list by 4.7%. This has now reversed and the December Undervalued list is now 2.0% ahead.

This is also reflected in the Screens from January 31st where the Undervalued has outperformed its opposites by 4.9% this month.  This indicates a definite change in the tone of the market.