Hi Team,
Welcome to this week's edition of the Pristine Capital Weekend Watchlist! 👋
In this research note, we’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! 👇
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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
Fantastic year for all style factors
Dividend Aristocrats YTD laggard👇
YTD Sector Performance
BLOK blockchain emerged as the #1 YTD group by a landslide
MSOS cannabis and TAN solar are YTD laggards as these are widely considered Kamala and/or democratic presidential trades 👇
QTD Sector Performance
KRE regional banks are the #2 ranked group this quarter despite the rise in interest rates. Perhaps the market believes that this interest rate move is temporary 👇
1-Month Sector Performance
ARKK innovation is another group that tends to perform well during periods of monetary debasement and low inflation. Now in the #2 spot 👇
1-Week Sector Performance
GDX gold miners were the #1 performing group last week👇
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