Pristine Weekly Watchlist 7.23.23
3 A+ Trading Setups
Good evening Team,
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
The big winners YTD are as follows: BLOK blockchain technology and ARKK innovation stocks. MSOS cannabis stocks are at the bottom of the pack and look completely bombed out!
The ratio of XLK megacap tech to XLF financials performance remains near record highs.
On the 1-month timeframe, BLOK Blockchain assets are the standout by far! KRE regional banks are making a comeback after being hated for most of the year.
KRE are the top earnings season performers so far (likely due to underpositioning in these names into earnings season).







