I am still puzzled would global economists argue for the benefits of synchronized global recovery…
Too many signals can be overwhelming and not easy to implement into the process, even the well-timed signals.
So, some of our clients asked us to add a confidence/upside indicator to help them focus on the most favorable setups.
We recently enhanced our tools with this new feature – the Signal Strength.
Now, clients can sort signals for stocks by the degree of confidence: top 20%, 40%, 80%.
Have you checked your Signal Strength Meter?
More details? Compare plans here
Regarding the famous growth investor Cathie Wood – some people admire her, some think she was just lucky in 2020.
Our Related Movers tool evaluated that Utilities lag Rates about 58% of the time by 8-10 days on average. But Utilities might lead to Rates, it happens only 16% of the time.
Below there is a lead/lag historical chart between Utilities (XLU) and Rates (10Y US).
Utilities are rate-sensitive and offer a lot of “trading opps”, which is why one of our clients asked us: “Could TenViz quantify this dependency? When it works and when it doesn’t work?”
The red areas show the periods of time when Utilities lag Rates.
The green areas show the periods of time when Utilities lead rates.
What dependencies want you check next?
China orders 34 internet firms to curb monopolistic behaviour…
It’s a well-known truth that Utilities are a rate-sensitive group of stocks. Which is why one of our clients asked us: “Could TenViz quantify this dependency? When does it work and when doesn’t it work?”
It’s not simple, but we can do it using one of our tools – Related Movers. This tool allows you to track short-term lead/lag correlations between asset classes.
How would you answer this question?
Inflation expectations keep going higher, check out TIPS breakevens at 2.4% taking on a 5 year highs.
Market watchers rightfully focus on rates or earnings, but what puzzles me is why Small Caps have underperformed so much for the last 2 weeks.
Russell 2K is down about 9% while S&P500 is effectively flat and High Yield is holding up!
We definitely see funds outflows from Small Caps, but fundamentally it is not clear why…
Maybe you guys see a better fundamental explanation?
TenViz tools – PREDICTIVE ANALYTICS FOR INVESTING