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

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

<p>The stock market has become increasingly vulnerable and a pullback may have already begun. None of the bottoming indicators have flashed any alerts, which indicates that the lows are not near. Expect some volatility in the coming week as there is an FOMC meeting and major tech companies report earnings.</p><p>In the near term, traders may be able to find some tactical refuge in negative beta assets such as gold mining equities and Treasuries. Our base case scenario calls for a 5-10% correction. Investment-oriented accounts should view market weakness as buying opportunities.</p>

The stock market has become increasingly vulnerable and a pullback may have already begun. None of the bottoming indicators have flashed any alerts, which indicates that the lows are not near. Expect some volatility in the coming week as there is an FOMC meeting and major tech companies report earnings.In the near term, traders may be able to find some tactical refuge in negative beta assets such as gold mining equities and Treasuries. Our base case scenario calls for a 5-10% correction. Investment-oriented accounts should view market weakness as buying opportunities.

Sell in May? Where To Hide If You Do