An Intersection of Technical, Fundamental, and Quantitative Analysis

Weekly Market Look
For Institutional Investors Only

January 30, 2020 
Glenn Williams Jr; CMT
215.280.8308
Glenn Williams Jr LLC
glenn@glennwilliamsjr.com

Preview:

·        Following a brief summary of general market thoughts, we will be looking at tickers TDOC, TTWO, BYND, and MC recommending long positions in TTWO and MC respectively.

·        Our stock selection process occurred on 2 fronts, the first being derived from a trading system, whereby we allocate capital to 10 stocks on the basis of value and momentum.  The initial period for the backtest of this system began on Jan 1 2003, and we continue to monitor results through present day.  The names that we have listed are what the system would be long as of 1/28/20.  In this particular system we assign higher ratings to those securities that show a lower EV/EBITDA ratio, essentially testing it as a value factor. 

·        The second of our processes is discretionary in nature, involving the screening of stocks on the basis of revenue growth and debt, while including the crossing of the 10 and 100 day moving averages as a “long” signal.  The signal is also contingent on the 14 period RSI moving in conjunction with prices.

·        You’ll find the listing and rankings (on the basis of momentum and volatility) on page 2, with a brief discussion of TDOC (ranked #1 on the basis of momentum) on page 3

·        Our discretionary based ideas are spoken about on pages 4, 5 and 6 respectively

·        Finally, individual charts and general market data begins on page 7