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πŸ“Š NVDA Earnings are Coming!

Pristine Weekend Watchlist 8.25.24

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Aug 26, 2024
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Hi Team,

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

In this research note, we’ll cover the following topics in preparation for the upcoming trading week:

  • Sector relative strength analysis across multiple timeframes

  • NVDA Earnings History

  • Three A+ Trade Setups

And much more! Let's get started! πŸ‘‡

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Sector/Style Factor Relative Strength Analysis

  • Incredible bounce back in the momentum style factor over the last two weeks

  • New YTD highs for low volatility, value, and dividend style factors πŸ‘‡

  • YTD leadership groups GDX gold miners, XHB home builders, and BLOK blockchain indicate expectations of an economic slowdown/monetary easing πŸ‘‡

  • QTD performance shows us that this recession trade took hold beginning 6/30 πŸ‘‡

  • Defensive groups > Risk-on groups on the 1-month timeframe πŸ‘‡

  • Noteworthy resurgence in BLOK over the last week πŸ‘‡

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