October 10, 2018

Valens Equity Weekly Insights and Inflections for October 10, 2018


Market Insights
Most Compelling Long Ideas
FB, COF, WGO, CTXS, GRMN

Most Compelling ECF™ Inflections
YUM, MA, RPM, NESN:CHE, KBH

Company Specific Highlights & Insights:

CL, INTU, NOC
AMKR, ATVI, BAS:DEU, BAYN:DEU, CHK, ENI:ITA, FP:FRA, ORCL, PSX, SBUX, TSLA, UIS

Management confidence levels appear to be gaining positive momentum, particularly in the last three months; breaking off their stationary trend for two years. While the ratio dipped in May 2018, the ratio has not fallen back to 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.

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