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
All style factors are trading off their 52wk highs as we approach US midterm elections 👇
YTD Sector Performance
SOXX semiconductors peaked on 6/22, but still the YTD leader 👇
QTD Sector Performance
GDX Gold Miners & XLE Energy outperformance = geopolitical risk & money printing being priced in 👇
1-Month Sector Performance
IGV Software bouncing as investors realize AI models don’t have much of a moat. It was once believed that AI model providers were going to eat software 👇
1-Week Sector Performance
MSOS cannabis emerging as the rubber hits the road on rescheduling 👇
