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๐Ÿ“Š Riding the Wave into the US Election!

๐Ÿ“Š Riding the Wave into the US Election!

Pristine Weekend Watchlist 10.27.24

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Oct 28, 2024
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๐Ÿ“Š Riding the Wave into the US Election!
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Hi 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

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

  • Growth style factor is bucking the most recent bout of weakness ๐Ÿ‘‡


YTD Sector Performance

  • BLOK blockchain & GDX gold miners continue to lead our YTD scoreboard๐Ÿ‘‡


QTD Sector Performance

  • MSOS is in the #2 slot for Q4. Iโ€™d imagine that the vast majority of investors donโ€™t notice it and/or donโ€™t think much of it. I think there could still be major upside for MSOS in the months and years to come ๐Ÿ‘‡


1-Month Sector Performance

  • KWEB China stocks exploded on stimulus news 9/23. We were beneficiaries of this explosion via BABA calls and common shares. Now the sentiment in this group is in the dumps once again. Time to closely monitor this group๐Ÿ‘‡


1-Week Sector Performance

  • TAN solar & MSOS cannabis stocks outperformed last week. Perhaps these Kamala Harris beneficiary groups were too oversold compared to what her odds of winning the election are ๐Ÿ‘‡

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