Tell your wife and kids you love them and buckle your seat
belt, it only happens every 26,000 years and today our galaxy will travel
through the Milky Way, or something like that.
Quant sees 4 Russell funds as good vehicles for our magic carpet ride. All are among today’s 20 A rated funds that
score above that magical 70 Quant mark.
So on this dawning of the Age of Aquarius let’s shine some sunlight into
these 4 funds.
Leading the pack in 4th place today is the small
cap iShares Russell 2000 Growth Fund (IWO). Coming from iShares and having 2000 constituents
gives it a very high Quality Score of 96.3 but that has always been the case
and didn't move the fund into Quant’s upper ranks today. Its Sentiment Score of 80.8 moved up more
than 20 points which is responsible for it gaining 16 Quant positions overnight. Option activity was the driver here with the
Put/Call score rising from 28.7 to 76.
On the large cap value side Quant also likes the iShares Russell 1000 Value
Fund (IWD) in 15th place today also driven by a rising Put/Call
Score as well as a rising Implied Volatility Score. Maybe it’s going to be a bumpy ride across the
universe. If you can’t decide between
growth and value, the broad large cap iShares Russell 1000 Fund (IWB) and broad
small cap iShares Russell 2000 Fund (IWM) are in 18th and 20th
place respectively. Someone with a lot
of money thinks something bad is going to happen because heavy put buying is also
responsible for these two gaining dozens of Quant positions overnight. However, not so bad that they won’t be able
to cash in those puts on the other side of the galactic alignment. Aside from those rising Sentiment Scores and
very high Quality Scores, all 4 funds have decent but not great Technical Scores
in the 60s with the broad small cap IWM scoring best at 65.4. On the Fundamental Side the small cap growth
IWO is best at 70.8.
If the planet Nibiru doesn't collide with earth today those puts
will have to be covered which should give these funds a boost in the new age of
spiritual transformation. We hope they
still have ETFs then and we hope you all still come here to transform your portfolios
into outperformers. We hope it all goes
well and we’ll see you on the other side. Godspeed friends.
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