Valens Equity Weekly Insights and Inflections for October 17, 2018
Market Insights
Most Compelling Long Ideas
FB, COF, WGO, CTXS, GRMN
Most Compelling ECF™ Inflections
YUM, MA, MPC, RPM, NESN:CHE
Company Specific Highlights & Insights:
AI:FRA, AMD, YRCW
AER, AN, AVP, CHK, CTSH, DF, DOOR, GT, MDR, MU, OC, PETR4:BRA, PKD, PSX, SUM, TWTR, ZTS
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.