Market is fine...
+ new Screens!
Quads look fine —> o.k. network momentum in Quad 1-2 (Tech, Cycs)
GEX just printed a buy signal (GEX up, Price up just a bit), not super strong, but nice to see that on every dip they load up puts like crazy:
GLD / AEM give a good entry here (stop indicated):
AEM looks nice on the hourly:
+ A ton of small cap to mid-cap strategies are looking very strong.
The best part in the indices is behind us in this bull market, but the last part of a bull market can be strongest under the hood (not in every case, but right now, that is the case), so I would not get bearish here at all, this is a stock picking market, and it is broad:
All strategies I post can be found here —> min. 25$ subscription to P123 and you are eligible to access the investment group —> https://www.portfolio123.com/app/group/317/
It does not matter where you look, it looks strong under the hood! Here is a new screen, a Quant (his name is Dan, one of the best Quants I know!) from P123 just released (accessible in the investment group and you also find them in P123):
So again, we need to stop to worry, we are in a bull market. Indices might not be raging up, but under the hood we are very strong!
Here are the other new screens from Dan —> (they are “officially out of the box” screens from P123):
Estimate Revisions and Surprises
A very nice part of the screens is that you can keep them as a reference. I am not a super quant and not too good on those formulas, so I keep those screens close to me and if I do not know how to build a specific formula, I look it up in those examples.
Example Estimate Revisions and Surprises (every day is a learning day, yes, my head is spinning too ;-)) —>
I also initiated a group (invite only, Ultimate + Institutional subscription needed) for financial advisors, the strategies here are in the mid to big cap space and we build strategy books for different risk profiles (invest for retirement, cost average into stuff).
Stuff like this (hedged strategy book):
not hedged:
(see the video from last week on how to build strategy books —>)
All right, here you have it!
All the best and best regards.
Andreas
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