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๐Ÿ“Š Melting Up Into The Election

๐Ÿ“Š Melting Up Into The Election

Pristine Weekend Watchlist 10.20.24

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Oct 20, 2024
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Pristine Capital
๐Ÿ“Š Melting Up Into The Election
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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

  • Momentum style factor NEW YTD high ๐Ÿ‘‡


YTD Sector Performance

  • GDX gold miners and BLOK blockchain continue to lead our YTD scoreboard๐Ÿ‘‡


QTD Sector Performance

  • It appears that the market is pricing in global monetary easing/lower interest rates moving forward ๐Ÿ‘‡


1-Month Sector Performance

  • KWEB China stocks exploded on stimulus news 9/23. We were beneficiaries of this explosion via BABA calls and common shares. Now with earnings season approaching, letโ€™s see if these companies deliver the goods via quarterly results๐Ÿ‘‡


1-Week Sector Performance

  • MSOS cannabis stocks were a sneaky outperformer last week๐Ÿ‘‡

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