Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul style="list-style-type: disc;"><li>WTR-CMI last week. In a flat to down market last week, with S&amp;P 500 holding steady with 0.1% price change and Russell 2000 losing 0.9% of its value, our proprietary WTR-CMI index of 30 chemicals and material technology companies appreciated 0.5% for the week, led by 8.5% appreciation in ALB, which seemed to pull along other lithium names, including PLL, LAC and LTHM, which all posted 2-4% returns.</li><li>EAF was the index’s laggard, losing 9.4% of its value, possibly due to continued softness in the iron ore and steel production sectors.</li><li>EU relooks at GMO crops. Long a bulwark against expansion of GMO crops, the EU is taking another look at the 2001 rules which were a major obstacle to market penetration by genetically modified seeds that provide better yields, higher nutritional value, and require less water and less pesticides to produce.</li></ul>

WTR-CMI last week. In a flat to down market last week, with S&amp;P 500 holding steady with 0.1% price change and Russell 2000 losing 0.9% of its value, our proprietary WTR-CMI index of 30 chemicals and material technology companies appreciated 0.5% for the week, led by 8.5% appreciation in ALB, which seemed to pull along other lithium names, including PLL, LAC and LTHM, which all posted 2-4% returns.EAF was the index’s laggard, losing 9.4% of its value, possibly due to continued softness in the iron ore and steel production sectors.EU relooks at GMO crops. Long a bulwark against expansion of GMO crops, the EU is taking another look at the 2001 rules which were a major obstacle to market penetration by genetically modified seeds that provide better yields, higher nutritional value, and require less water and less pesticides to produce.

Independent Investment Research & Investor, Maverick Equity Research

Maverick Equity Research

Independent Investment Research & Investor

Independent Investment Research & Investor: value, dividend and growth stocks. Risk management & hedging for an all weather portfolio.

<ul><li>To start, the 2023 and 10 years Total Returns &amp; CAGR of the big 3 indices: sentiment is very positive, risk appetite is on and we have a new bull market.</li><li>Let’s start with the Dow Jones Industrial Average (DJIA).</li><li>Created in 1896, is one of the oldest &amp; most widely recognized stock market indices in the world &amp; and is made up of 30 blue-chip stocks that are considered leaders in their respective industries.</li></ul>

To start, the 2023 and 10 years Total Returns &amp; CAGR of the big 3 indices: sentiment is very positive, risk appetite is on and we have a new bull market.Let’s start with the Dow Jones Industrial Average (DJIA).Created in 1896, is one of the oldest &amp; most widely recognized stock market indices in the world &amp; and is made up of 30 blue-chip stocks that are considered leaders in their respective industries.

Maverick Valuations #2 - USA: Dow Jones, Nasdaq 100 & The Mighty S&P 500

Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Event-Driven

<ul>
<li>The S&amp;P500 E-Mini (ES) is approaching a DAILY resistance level at a point in time where it could perform a quick reversal - a SHORT trade opportunity.</li>
<li>Watch the 4483-4525 price area, today is the 3rd consecutive day up, the reversal could begin in that area, today or tomorrow.</li>
<li>The probability for a quick reversal, after 3 days up, in the 4483-4525 price area, is between 67% to 79%, depending on the resistance levels reached.</li>
</ul>


The S&amp;P500 E-Mini (ES) is approaching a DAILY resistance level at a point in time where it could perform a quick reversal - a SHORT trade opportunity.
Watch the 4483-4525 price area, today is the 3rd consecutive day up, the reversal could begin in that area, today or tomorrow.
The probability for a quick reversal, after 3 days up, in the 4483-4525 price area, is between 67% to 79%, depending on the resistance levels reached.


EQD | S&P500 E-Mini (ES) DAILY SHORT, Speculative High-Probability Trade

Global Multi-Asset Investment Strategist, True Insights

Jeroen Blokland

Global Multi-Asset Investment Strategist

Build Well-Diversified Multi-Asset Portfolios

True Insights

Our research helps investors build well-diversified multi-asset portfolios and profit from market developments. In addition, our unique and proven Macro – Sentiment – Valuation (MSV) investment framework ensures a consistent flow of new investment opportunities. Together with our market views, these opportunities will be reflected in our live ETF-based Global Multi-Asset Portfolios.

Cross Asset Strategy

<ul>
<li>The risk premium of equity asset classes has further declined. The risk premium on US Equities is now just 3.1%, which is very unattractive.</li>
<li>The risk premium of equity asset classes has further declined. The risk premium on US Equities is now just 3.1%, which is very unattractive.</li>
<li>Our ‘Bellwether EPS indicator’ points to a year-on-year earnings-per-share decline of nearly 22%, leaving little room for earnings growth to remain positive.</li>
</ul>


The risk premium of equity asset classes has further declined. The risk premium on US Equities is now just 3.1%, which is very unattractive.
The risk premium of equity asset classes has further declined. The risk premium on US Equities is now just 3.1%, which is very unattractive.
Our ‘Bellwether EPS indicator’ points to a year-on-year earnings-per-share decline of nearly 22%, leaving little room for earnings growth to remain positive.


<ul><li>After a strong 1H23, global equities were down this week. The MSCI World Index fell 1.42%, while the S&amp;P 500 dropped 1.06%.</li><li>The decline was driven by strongerthan-expected labor market data and concerns that this may make the Fed less accommodating.</li><li>The Russell 2000 finished the week down 1.32%, while the NASDAQ declined 0.92%.</li></ul>

After a strong 1H23, global equities were down this week. The MSCI World Index fell 1.42%, while the S&amp;P 500 dropped 1.06%.The decline was driven by strongerthan-expected labor market data and concerns that this may make the Fed less accommodating.The Russell 2000 finished the week down 1.32%, while the NASDAQ declined 0.92%.

United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

Mat Chem Notes Week Ending July 9, 2023

EAF was the index’s laggard, losing 9.4% of its value, possibly due to continued softness in the iron ore and steel production sectors.

Water Tower Research

Maverick Valuations #2 - USA: Dow Jones, Nasdaq 100 & The Mighty S&P 500

To start, the 2023 and 10 years Total Returns & CAGR of the big 3 indices: sentiment is very positive, risk appetite is on and we have a new bull...

Maverick Equity Research

EQD | S&P500 E-Mini (ES) DAILY SHORT, Speculative High-Probability Trade

Market Reversal Matrix (MRM)'s analysis of the S&P500 Futures (ES) DAILY resistance levels + probability of trend reversal for the next few days,...

Nico Rosti

Markets Better Not Focus on Valuation

Valuation measures reveal pricy equities and cheaper Treasuries. A comprehensive overview of valuation across asset classes.

Jeroen Blokland

Industry Report - Cannabis

The decline was driven by strongerthan-expected labor market data and concerns that this may make the Fed less accommodating. The Russell 2000...

Water Tower Research