📊Deal...Or No Deal (Take 3)
Pristine Weekend Watchlist 8.2.26
Welcome to this week's edition of the Pristine Capital Weekend Watchlist! 👋
In this note, we’ll cover the following topics to prep for the upcoming trading week:
🦾 Sector relative strength analysis
🌎Macro Analysis
📈Three A+ Trade Setups
And much more! Let's get started! 👇
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
The momentum style factor mean reverted as the Situational Awareness fund blew up last week 👇
YTD Sector Performance
SOXX semiconductors YTD performance was as high as +100% earlier this year, but +67.83% is still out of this world 👇
QTD Sector Performance
Q3 has been a flight to safety. KWEB China is benefiting from the release of high performing AI models like Kimi-K3 👇
1-Month Sector Performance
Matches the QTD performance because we just wrapped up the first month of Q3. Still plenty of time left…👇
1-Week Sector Performance
IGV software stocks were a highly shorted group against long SOXX. The SOXX blowup could be serving as a tailwind for IGV 👇
Key Ideas/ Macro Backdrop🗝️
