Pristine Market Analysis & Watchlist 1.16.24
📈 Correlations Matter
Cannabis stocks rise on rescheduling news
Correlations Paint a Nasty Picture
Team,
The ability to play strong offense and rip returns when the indices are advancing is a a key ingredient of superperformance. But the ability to not lose your shirt when the market is chopping sideways and/or selling off is an even more crucial skill.
Defense wins championships! 🛡️
-Andrew
Market Update
News/Economic Data
Retail sales data incoming tomorrow. A hotter-than-expected print would be the worst-case-scenario, given that bond yields are once again rising!
YTD Performance
