🚀 Today's Big Ideas: Schwab (+7.8%), Raymond James (+9.6%), Banks XLF (+5.2%)
Hedge Fund Quality Insights accessible at EVERYONE's fingertips.
Last week’s trading insights:
Roko +18.8% → return over the last week: +7.30% (direction correct)
Microsoft +12.8% → return over the last week: +0.75% (direction correct)
Nasdaq QQQ +6.3% → return over the last week: +1.79% (direction correct)
Insights for the following weeks:
While our trading machine suggested buying technology shares the last few weeks and months, it appears BANKS / FINANCIALS / BROKERS are now having better risk / reward.
Here are the new signals:
(1) Score 9.6 (out of 10): SCHWAB (CHARLES) poised to seasonally rally by +7.8% during the month of July
What’s Going On Here?
SCHWAB (CHARLES) indicates an interesting seasonal (monthly for July) set up. During similar occasions, SCHWAB (CHARLES) shares had a median return of +7.8%, over the following 1 month – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for SCHWAB (CHARLES) received a high score of 9.6 (out of 10). This insight was generated with last price of 54.37.
What’s This Company About?
SCHWAB (CHARLES) is in the Finance-Invest Bnkr/Brkr sector. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: SCHW US.
What’s the track record of this Signal?
7.9% (July-2022), 5.4% (July-2021), 7.8% (July-2020), 9.7% (July-2019), 3.4% (July-2018), 13% (July-2017), 2.7% (July-2016), 7.1% (July-2015), 13.9% (July-2014)
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 58.61 (+7.8%) has been reached. Based on SCHWAB (CHARLES)’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 51.97 (last price at 54.37), which is equivalent to a -4.4% decline.
Historical Chart:
What are you reading over the summer?
Well it appears the Winklevoss Twins are reading this book:
Crypto Titans: How trillions were made and billions lost in the cryptocurrency markets → Amazon
Available on Amazon: https://amzn.to/3WJMuCQ
(2) Score 9.8 (out of 10): RAYMOND JAMES FINANCIAL poised to seasonally rally by +9.6% during the month of July
What’s Going On Here?
RAYMOND JAMES FINANCIAL indicates an interesting seasonal (monthly for July) set up. During similar occasions, RAYMOND JAMES FINANCIAL shares had a median return of +9.6%, over the following 1 month – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for RAYMOND JAMES FINANCIAL received a high score of 9.8 (out of 10). This insight was generated with last price of 94.35.
What’s This Company About?
RAYMOND JAMES FINANCIAL is in the Invest Mgmnt/Advis Serv sector. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: RJF US.
What’s the track record of this Signal?
10.6% (July-2022), 5.5% (July-2021), 9.6% (July-2020), 6.9% (July-2019), 4.8% (July-2018), 12% (July-2017), 3.3% (July-2016), 10.8% (July-2015), 13.1% (July-2014)
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 103.38 (+9.6%) has been reached. Based on RAYMOND JAMES FINANCIAL’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 90.85 (last price at 94.35), which is equivalent to a -3.7% decline.
Historical Chart:
(3) Score 9.5 (out of 10): FINANCIAL SELECT SECTOR SPDR poised to seasonally rally by +5.2% during the month of July
What’s Going On Here?
FINANCIAL SELECT SECTOR SPDR indicates an interesting seasonal (monthly for July) set up. During similar occasions, FINANCIAL SELECT SECTOR SPDR shares had a median return of +5.2%, over the following 1 month – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for FINANCIAL SELECT SECTOR SPDR received a high score of 9.5 (out of 10). This insight was generated with last price of 32.8.
What’s This Company About?
FINANCIAL SELECT SECTOR SPDR is in the Financial Services sector. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: XLF US.
What’s the track record of this Signal?
4.9% (July-2022), 5.4% (July-2021), 5.2% (July-2020), 2.4% (July-2019), 2.6% (July-2018), 7.4% (July-2017), 0.2% (July-2016), 6.2% (July-2015), 7.7% (July-2014)
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 34.51 (+5.2%) has been reached. Based on FINANCIAL SELECT SECTOR SPDR’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 32.1 (last price at 32.8), which is equivalent to a -2.1% decline.
Historical Chart:
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