Research & Data
“Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite factory with a burning match. You may live, but you’re still an idiot.”
― Joel Greenblatt
Welcome to our research portal. Register below (FREE) for access to proprietary FlowPoint content. View, comment on and hopefully benefit from the custom-built tools FlowPoint portfolio managers use in real-time to increase our situational awareness, manage risk, test theses, and generate investment ideas. We update these pages with fresh content weekly. You are of course free to browse now and register later, or, make it easy and register now once for all access. At the very least, check back regularly as we will provide weekly updates on much of the subject matter contained within almost every section. If you like what you see, we'd love to hear from you.
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Long-Short U.S. Equity Model Signals
Proprietary insights on trend, momentum, credit spreads, volatility measures and market breadth. Weekly commentary on the individual models and the overall picture they present for market risk and opportunity. Click Here To Read Latest Research
Our review of the quantitative “factors” upon which many investment models are built. We dive into which factors are performing and which are not. We track the most relevant: Dispersion, Dividends, Estimate Revisions, Growth, Leverage, Momentum, Quality, Sentiment, Share Buybacks, Short Interest, Size, Technicals, Value, and Volatility. Click Here To Read Latest Research
Proprietary analysis of the S&P 500’s Implied Correlation Index, which shows correlation between stocks in the market’s most widely followed index. Correlations are volatile, and help identify periods when active management, stock selection, and asset allocation (risk control) are paramount. Click Here To Read Latest Research
Which economic sectors are moving, by how much, and why. Includes our proprietary measures of relative strength and trend. Here we provide stock rankings and trade idea generation. Click Here To Read Latest Research
We analyze ETFs that represent asset classes, country stock markets including our trend and relative strength analysis. Here too we also provide rankings and idea generation. Click Here To Read Latest Research
Reviews and analyses of selected FlowPoint investment themes such as our Stay At Home Index, our Reopening Index, cybersecurity, financial technology and shorting the private prison operators.
The U.S. economy is a $19 trillion source of constant change, both secular and cyclical. Demographic, regulatory, technological, economic, social and political forces constantly unleash challenges (Short opportunities) and opportunities (Long positions).
FlowPoint invests in innovation and “creative destruction” in corporate trends, emphasizing winners and losers in security selection. Not every investment theme we research is represented in the portfolio at all times – fundamental economic trends don’t always coincide with stock market opportunity. Click Here To Read Latest Research
Market-neutral trading concepts that make use of creative destruction in our competitive economy or correlation convergence and divergence. For example: Long fintech/short banks. Click Here To Read Latest Research
A Few of Our Favorite Ratios
In this section we track the messaging from a few of our favorite ratios tracking asset allocation and style boxes. Click Here To Read Latest Research
FACTOR WATCH FOR NOVEMBER 8, 2020
Summary The week ended November 6, 2020 saw the S&P 500 rise by +6.04%; the index is now up +8.79% YTD. Risk was the big election week winner, with the marijuana sector gaining +25% in five days, technology (XLK) up +9.39%, Communication Services (XLC) +7.66% and...
FACTOR WATCH FOR OCTOBER 4, 2020
Summary The week ended October 2, 2020 saw the S&P 500 rise by +1.55%; the index is now up +3.72% YTD.Energy - Democratic Presidential candidate Joe Biden’s least favorite sector - continued its horrific decline; oil & gas stocks closed lower by nearly 5% for...
STOCK VOLATILITY AND BOND SPREADS FLASHING CAUTION SIGNS FOR EQUITIES
Summary: Signals derived from our U.S. equity models began to indicate a bullish outlook beginning on March 19, 2020, but in the last two weeks, credit spreads, volatility and momentum indicators have begun to flash caution. These are among our most important...
FACTOR WATCH FOR SEPTEMBER 27, 2020
Summary The week ended September 25, 2020 saw the S&P 500 decline by -0.58%; the index is now down -5.63% month-to-date, and up +2.13% YTD. Our long/short fund-FlowPoint Capital Partners, LP is up +1.7% MTD and +17.4% YTD.Sector-wise for the week, U.S. casino,...
FACTOR WATCH FOR SEPTEMBER 13TH, 2020
Summary The week ended September 11, 2020 saw the S&P 500 decline -2.48%; the index is now down -0.83% month-to-date, and up 3.79% YTD. Last week saw the first consecutive week of back-to-back weekly declines since April.U.S. Homebuilders (ITB) led all global...
CREDIT DEFAULT SWAPS – A BLINKING YELLOW LIGHT IN AN OTHERWISE GREEN TAPE
Summary: Signals derived from our U.S. equity models have been flipping to a bullish outlook since March. Equity trends, volatility and credit spreads are generally positive.However, last week, credit default swaps on investment-grade debt ticked higher. CDS are...
FACTOR WATCH FOR SEPTEMBER 7, 2020
Summary The week ended September 4, 2020 saw the S&P 500 decline -1.93%; the index is now up 2.39% for the month and 6.43% YTD.Factor-wise, the best-performing factors YTD were also the best for the week, including Revenue Estimate Dispersion (+4.81% for the week...
MEDIUM-TREND MODEL NOW POSITIVE, GLOBAL BREADTH IMPROVING
Summary: Another new Buy signal in our U.S. equity models was triggered last week. On August 26, 2020 our Medium-Term Trend model flipped when the S&P 500’s 100-day moving average closed above its 200-day average.This change in confirmed earlier signals from our...
FACTOR WATCH FOR AUGUST 30th, 2020
Summary The week ended August 28, 2020 saw the S&P rise 2.23%, and the index is now up 8.92% YTD. European and Chinese stock markets are within a few percent of their 52-week highs as well.Domestic breadth continues to expand to include not only growth and...
FACTOR WATCH FOR AUGUST 23rd, 2020
Summary The week ended August 21, 2020 saw the S&P rise 0.46% and the index is now up 5.47% YTD.Factor-wise, it should be no surprise that Momentum led all categories, up 4.22% on the week on the backs of Apple (+8.52%), Tesla (+11.68%) and the tech index...