Valens Equity Weekly Insights and Inflections for January 16, 2019
Market Insights
Most Compelling Long Ideas
COF, CRUS, FB, WGO, LRCX
Most Compelling ECF™ Inflections
NDAQ, NTES, ROK, MEG:CAN, YUM
Company Specific Highlights & Insights:
K, LH, PAYX
5108:JPN, ADM, APD, AVB, BIIB, BLL, FDX, GWW, MCO, MTD, MU, NOC, NTES, TSLA, WBA
Management confidence levels appear to be gaining positive momentum, particularly in the last several months; breaking off their stationary trend for two years. The ratio has consistently remained above 2016-2017 levels, pointing to management teams growing more confident about investing. In particular, this has been signified by a sustained rise in highly confident markers, as opposed to a decline in management concern, pointing to renewed optimism.