GTI Premium - ByteTree Global Trends
The full suite of data from the GTI universe, covering the leading, emerging, weakening, and bearish trends from over 2,000 individual stocks in developed and emerging markets.| ByteTree Global Trends
The full suite of data from the GTI universe, covering the leading, emerging, weakening, and bearish trends from over 2,000 individual stocks in developed and emerging markets.| ByteTree Global Trends
The World Index seems to be unstoppable, maintaining its ByteTrend Score of 5 with only a brief interruption since May. It is still not particularly overbought.| ByteTree Global Trends
Healthcare has picked up this week, while many other sectors keep fading further behind the world index, and financial services' leadership fades. ITV and Just Eat both enter the bear list - are people cutting back on having takeaway with a movie?| ByteTree Global Trends
The Fed’s first rate cut in over a year marks a cautious shift toward protecting jobs as unemployment edges up. Inflation remains sticky.| ByteTree Global Trends
The World Index keeps going up, but as readers might suspect, the heavy lifting continues to be from the world’s largest companies.| ByteTree Global Trends
Thirty seven new stocks join the Bear list this week, including Unilever and Volkswagen. Ten new stocks join the Leading Trend category too, including three oil and gas companies, and a UK asset manager.| ByteTree Global Trends
The World Index powers ahead again, maintaining its ByteTrend Score of 5. It’s bullish, and still not heavily extended in the big scheme of things.| ByteTree Global Trends
Emerging markets have burst into life, and the spreadsheet is full of interesting ideas like Samsung, Baidu, and Disco.| ByteTree Global Trends
The World Index retains its ByteTrend Score of 5, which it has held for the past 28 days.| ByteTree Global Trends
Oracle continues to lead the market, and TSMC holds its place too, as both delivered excellent recent results. Meanwhile Coca Cola and McDonald's are stuck in the Bear Trends.| ByteTree Global Trends
About GTI The Global Trends Investor (GTI) reports are designed with professionals and advanced private investors in mind. Many of the concepts have been developed in-house and are not widely used in the market. The goal of the design and layout of the reports was usefulness first and speed second.| ByteTree Global Trends
Rashpal Sohan is the Managing Editor of The Adaptive Asset Allocation Report. Rashpal is a quantitative finance expert who developed the model for the AAA Report.| ByteTree Global Trends
Kit started his career as an equity analyst focused on the energy transition. He is passionate about conducting deep research and delivering those insights to the benefit of our clients.| ByteTree Global Trends
Charlie has 25 years of fund management experience and is a pioneer of multi-asset investing. At HSBC Global Asset Management, he launched the Absolute Return Service in 2002, which grew to over $3bn.| ByteTree Global Trends
The ascent of the World Index is slowing for a start, as the largest stocks slow down, with smaller stocks taking on a more leading role.| ByteTree Global Trends
Biotech stocks are the theme this week, as the likes of Innovent and Argenx come through in the Leading Trend category, alongside many other biotech stocks. Wuxi AppTec and Genmab also come through in Emerging...| ByteTree Global Trends
The global matrix sees US financials improve versus Europe and Asia, with Goldman Sachs and Royal Bank of Canada showing strength. Utilities have dropped while energy has strengthened over last week.| ByteTree Global Trends
Weakness in Indian stocks has resumed, as geopoltics worsens its outlook, while political unrest in Indonesia aligns with the weak signal we've been getting from there in recent months. Thailand showed up as weak before their border dispute too, showing how savvy markets can be. Strength is hard to come by when the world index is powering on, and even financials are losing some of their strength.| ByteTree Global Trends
Markets are buzzing as Powell teases rate cuts, sending equities into overdrive while the Fed tiptoes between inflation and jobs.| ByteTree Global Trends
You can now count the number of weeks that a trend has been in place in both CAPR and local currency terms.| ByteTree Global Trends
In terms of CAPR strength, Japan is climbing the leaderboard and is the strongest major market. In the attached GTI: Top 200 spreadsheet, there are eight Japanese stocks featured.| ByteTree Global Trends
Japan is the theme this week, as the TOPIX made a new all time high after 35 years. Many stocks from multiple sector come up in the GTI universe, suggesting the trend is strong and broad, from post to banking, heavy industry and fashion.| ByteTree Global Trends
The world index closed the week back at an all-time high. The rally in the US dollar has caused concern for stockmarkets. The USD’s ByteTrend score is still a 3, but markets took relief when the price fell back...| ByteTree Global Trends
High volatility stocks have turned lower after a very strong run. The world index has recovered from last week's blip, but the profitless and speculative leaders of this recent rally haven't followed suit, which is an interesting divergence...| ByteTree Global Trends
The market has shown the first signs of weakness since April. Macro has raised its head, and the consumer remains weak. US tariffs are another factor, but their impact will no doubt become clearer in the coming weeks.| ByteTree Global Trends
The market is being driven by Nvidia and Microsoft. Breadth is thinning after the weak jobs data, while bond yields dropped and the dollar rallied. The consumer and healthcare remains weak, while European financials remain in the lead. Download the spreadsheet| ByteTree Global Trends
Beating the market is getting harder as the number of strong trends in CAPR is declining. With the market rising, and fewer stocks beating it, this implies the bias towards large caps is returning.| ByteTree Global Trends
Global Trends is the research hub for ByteTree’s trend following strategies, which appeals to systematic, global equity, and momentum investors.| ByteTree Global Trends
The World Index makes another new all-time high, sustaining its ByteTrend Score of 5| ByteTree Global Trends
