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๐Ÿ“Š CPI Incoming!

๐Ÿ“Š CPI Incoming!

Pristine Weekend Watchlist 11.10.24

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Nov 10, 2024
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๐Ÿ“Š CPI Incoming!
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Hi Team,

Welcome to this week's edition of the Pristine Capital Weekend Watchlist! ๐Ÿ‘‹

In this research note, weโ€™ll cover the following topics in preparation for the upcoming trading week:

  • Sector relative strength analysis across multiple timeframes

  • Macro Analysis

  • Three A+ Trade Setups

And much more! Let's get started! ๐Ÿ‘‡

If youโ€™ve been enjoying our free content, and are committed to putting in the work to make 2024 your best trading year yet, consider upgrading your membership and becoming a premium subscriber.


Sector/Style Factor Relative Strength Analysis

A key part of our technical process is tracking momentum across style factors and sectors on multiple timeframes. Our goal is to follow the flow of capital and spot trend changes early

Style Factor YTD Performance

  • All style factors exploded higher on the Trump win ๐Ÿ‘‡

YTD Sector Performance

  • BLOK blockchain emerged as the #1 YTD group by a landslide. The market is signaling that monetary debasement is coming.

  • MSOS cannabis and TAN solar were hit hard on the Trump win ๐Ÿ‘‡

QTD Sector Performance

  • KRE regional banks are the #2 ranked group this quarter despite the rise in interest rates. Perhaps the market believes that this interest rate move is temporary ๐Ÿ‘‡

1-Month Sector Performance

  • ARKK innovation is another group that tends to perform well during periods of monetary debasement and low inflation. In the #3 spot ๐Ÿ‘‡

1-Week Sector Performance

  • XBI biotech and TAN solar led the week. Tough to make much out of this into the election ๐Ÿ‘‡

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