📊 The AI Top Is In?
Pristine Weekend Watchlist 7.5.26
Welcome to this week's edition of the Pristine Capital Weekend Watchlist! 👋
In this note, we’ll cover the following topics to prep for the upcoming trading week:
🦾 Sector relative strength analysis
🌎Macro Analysis
📈Three A+ Trade Setups
And much more! Let's get started! 👇
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
The momentum style factor is mean reverting as the bloom comes off rose of the AI infrastructure trade 👇
YTD Sector Performance
SOXX semiconductors are the clear leader as the dominant theme in 2026 has been the memory shortage associated with running AI models 👇
QTD Sector Performance
IHI medical devices leading in Q3 as investors take a more cautious stance. The groups at the bottom of the list were the top performers in Q2. Mean reversion 👇
1-Month Sector Performance
Rotation into all things healthcare XBI XLV 👇
1-Week Sector Performance
The long SOXX & short IGV software pairs trade is unwinding👇
Ideas/ Macro Backdrop🗝️
