Daily Ranking & Brief
These are today's rankings based on our AI Score which rates ETFs every day from 1 to 10 according to the probability of beating the market in the next 3 months, analysing +900 fundamental, technical, and sentiment indicators.
Access Stock, ETF & Sector Rankings and Factor Models for the US & European markets, alongside Alpha Signal Analysis and Top 25 Trade Idea’s (long & short).
Rising in the East - Stock markets in the East have shown a promising start to the week, as global investors turn their focus towards a critical corporate earnings and economic data.
As of Monday, benchmarks across Japan, Australia, and South Korea have each risen by at least 1%. This rise marks a partial recovery from the declines experienced last week, spurred by a mixture of Middle Eastern geopolitical tensions and policy comments from the U.S. Federal Reserve.
The slight weakening of the U.S. dollar has also contributed to the positive mood, as fears of escalation in Middle Eastern conflicts have not materialised further.
Investors globally are gearing up for a week heavy with implications for monetary policy direction. Notable releases include U.S. economic growth figures and the Fed’s preferred inflation measure.
The S&P 500 has faced challenges, recording its worst performance since March 2023 last week - dropping more than 5% from its all-time peak.
This week, over half of the "Magnificent Seven” are set to release their earnings reports, raising investor curiosity about whether these firms will meet the lofty expectations surrounding artificial intelligence.
As American markets prepare to open, the performance of Asian stocks offers a tentative but hopeful sign.
When SPX sees a big move down: Here are the historically best and worst performing US sectors on a 1-month horizon:
Top 3 Performing Assets:
Materials Select Sector: 2.80%
S&P Software: 2.61%
S&P Hardware: 2.58%
Bottom 3 Performing Assets:
S&P Gold Miners: -2.41%
S&P Banks Select Industry Index: -0.98%
S&P Regional Banks: -0.28%