Pristine Capital

Pristine Capital

Pristine Weekend Watchlist 7.7.24

Crash or Rotate?๐Ÿ“ˆ

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Jul 07, 2024
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Good morning 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

The momentum style factor is approaching a 40% YTD gain. Let that sink in for a minute๐Ÿ‘‡

The big YTD winners have been megacap tech stocks/semis, and Blockchain names have also outperformed despite not making as many headlines. Worth looking for BLOK opportunities in the second half of the year๐Ÿ‘‡

Q3 is just getting started, and so far GDX is leading the way๐Ÿ‘‡

Software is making a run on the 1-month timeframe. Worth watching individual software names in this upcoming earnings season!๐Ÿ‘‡

If rates come down perhaps ARKK continues to catch a bid? ๐Ÿ‘‡

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