Valens Equity Weekly Insights and Inflections for December 8, 2020
Company Specific Highlights & Insights:
ABT, AMD, AMKR, BF.B, EBAY, ENTG, ESTC, FDS, FISV, IRBT, JNJ, LGIH, MKC, RKT, TXN, UNH
Aggregate ECF™ Trend Analysis:
Management confidence showed a robust recovery in May through July after the pandemic-driven drop in management confidence earlier this year. The “green shoots” in May through July did moderate somewhat through Q3, however they remain at more bullish levels, signaling a willingness to invest when fundamentals are more normal.