Valens Equity Weekly Insights and Inflections for January 9, 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:
HSY, NXPI, TGT
BMRN, ETN, ICE, IFF, MAR, OMC, PETR4:BRA, SBAC
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.