Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

More Downside to Lead to Buying Opportunity?; Buy Ideas in Consumer Staples, EU Banks, Gold Miners

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Cross Asset Strategy

<ul>
<li>The S&amp;P 500 faces a key technical test at trend-line resistance of about 4000 while exhibiting strong overbought conditions.</li>
<li>The bull-case consists of strong price momentum, which historically has led further gains.</li>
<li>The bear case rests on a combination of a high correlation with VVIX, which is a tactical warning sign and the risks from earnings disappointment from Q4 reporting season.</li>
</ul>


The S&amp;P 500 faces a key technical test at trend-line resistance of about 4000 while exhibiting strong overbought conditions.
The bull-case consists of strong price momentum, which historically has led further gains.
The bear case rests on a combination of a high correlation with VVIX, which is a tactical warning sign and the risks from earnings disappointment from Q4 reporting season.


Key Tests of Resistance Ahead of Earnings Season