A New Risk-On Cycle? Software, Crypto and Global Equities Start to Reawaken

Weekly Macro Themes Report (preview) - Global Equities, Software stocks, Bitcoin, US Dollar

Here's the topics & takeaways from the latest Weekly Macro Themes report:

1. GSV vs ULG: relative value favors Global, Small, Value vs US, Large, Growth, but on all three counts a turning point in relative performance remains elusive (still only stop-start progress).

2. Global ex-US Equities: the global vs US rotation trade has stalled, but remain constructive on global vs US given extremes in relative value, improved earnings, anticipated USD weakness, and technicals.

3. Software: remain bullish on software stocks given bullish technicals and major reset in valuations.

4. Bitcoin: remain bullish given seasonal tailwinds, bullish technicals, supportive leading indicators, and all set against the backdrop of a big reset in price and positioning.

5. US Dollar: maintain bearish bias given overall bearish technicals, slight overvaluation, fading yield support, but still need to see a break-down (out of that range) to raise conviction.

😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.

🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!

Hot Merch Returns · Up to 43% Off

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":566203740545504,"tweetId":"566203740545504","gmtCreate":1779244807600,"gmtModify":1779245373925,"author":{"id":4120987054613802,"idStr":"4120987054613802","authorId":4120987054613802,"authorIdStr":"4120987054613802","name":"Long_Equity","avatar":"https://community-static.tradeup.com/news/43412c9581fc7eef840624d0829cb637","vip":8,"userType":8,"introduction":"Concentrated Global Equity Fund","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":1516,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/be0283b695178d5d32f9e254ddc1d4a1"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/be0283b695178d5d32f9e254ddc1d4a1"}],"title":"A New Risk-On Cycle? Software, Crypto and Global Equities Start to Reawaken","html":"<html><head></head><body><p>Weekly Macro Themes Report (preview) - Global Equities, Software stocks, Bitcoin, US Dollar</p>\n<h3 id=\"id_2610609831\">Here's the topics &amp; takeaways from the latest Weekly Macro Themes report:</h3>\n<p>1. GSV vs ULG: relative value favors Global, Small, Value vs US, Large, Growth, but on all three counts a turning point in relative performance remains elusive (still only stop-start progress).</p>\n<p>2. Global ex-US Equities: the global vs US rotation trade has stalled, but remain constructive on global vs US given extremes in relative value, improved earnings, anticipated USD weakness, and technicals.</p>\n<p>3. Software: remain bullish on software stocks given bullish technicals and major reset in valuations.</p>\n<p>4. Bitcoin: remain bullish given seasonal tailwinds, bullish technicals, supportive leading indicators, and all set against the backdrop of a big reset in price and positioning.</p>\n<p>5. US Dollar: maintain bearish bias given overall bearish technicals, slight overvaluation, fading yield support, but still need to see a break-down (out of that range) to raise conviction.</p>\n<hr>\n<p style=\"text-align: left;\"><strong>😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.</strong></p>\n<p style=\"text-align: left;\">🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!</p>\n<p style=\"text-align: left;\"><strong><a href=\"https://ttm.financial/TW/554651083281352\" title=\"Hot Merch Returns · Up to 43% Off\" target=\"_blank\" class=\"\">Hot Merch Returns · Up to 43% Off</a></strong></p>\n<p><img src=\"https://community-static.tradeup.com/news/be0283b695178d5d32f9e254ddc1d4a1\"></p></body></html>","htmlText":"<html><head></head><body><p>Weekly Macro Themes Report (preview) - Global Equities, Software stocks, Bitcoin, US Dollar</p>\n<h3 id=\"id_2610609831\">Here's the topics &amp; takeaways from the latest Weekly Macro Themes report:</h3>\n<p>1. GSV vs ULG: relative value favors Global, Small, Value vs US, Large, Growth, but on all three counts a turning point in relative performance remains elusive (still only stop-start progress).</p>\n<p>2. Global ex-US Equities: the global vs US rotation trade has stalled, but remain constructive on global vs US given extremes in relative value, improved earnings, anticipated USD weakness, and technicals.</p>\n<p>3. Software: remain bullish on software stocks given bullish technicals and major reset in valuations.</p>\n<p>4. Bitcoin: remain bullish given seasonal tailwinds, bullish technicals, supportive leading indicators, and all set against the backdrop of a big reset in price and positioning.</p>\n<p>5. US Dollar: maintain bearish bias given overall bearish technicals, slight overvaluation, fading yield support, but still need to see a break-down (out of that range) to raise conviction.</p>\n<hr>\n<p style=\"text-align: left;\"><strong>😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.</strong></p>\n<p style=\"text-align: left;\">🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!</p>\n<p style=\"text-align: left;\"><strong><a href=\"https://ttm.financial/TW/554651083281352\" title=\"Hot Merch Returns · Up to 43% Off\" target=\"_blank\" class=\"\">Hot Merch Returns · Up to 43% Off</a></strong></p>\n<p><img src=\"https://community-static.tradeup.com/news/be0283b695178d5d32f9e254ddc1d4a1\"></p></body></html>","text":"Weekly Macro Themes Report (preview) - Global Equities, Software stocks, Bitcoin, US Dollar Here's the topics & takeaways from the latest Weekly Macro Themes report: 1. GSV vs ULG: relative value favors Global, Small, Value vs US, Large, Growth, but on all three counts a turning point in relative performance remains elusive (still only stop-start progress). 2. Global ex-US Equities: the global vs US rotation trade has stalled, but remain constructive on global vs US given extremes in relative value, improved earnings, anticipated USD weakness, and technicals. 3. Software: remain bullish on software stocks given bullish technicals and major reset in valuations. 4. Bitcoin: remain bullish given seasonal tailwinds, bullish technicals, supportive leading indicators, and all set against the backdrop of a big reset in price and positioning. 5. US Dollar: maintain bearish bias given overall bearish technicals, slight overvaluation, fading yield support, but still need to see a break-down (out of that range) to raise conviction. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold! Hot Merch Returns · Up to 43% Off","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/566203740545504","repostId":0,"isVote":1,"tweetType":1,"viewCount":258,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TON.USD.HKCC","VGT","DAPP","STCE","APT.USD.HKCC","LFGY","BTC.USD.CC","TON.USD.CC","IGM","BKCH","GDLC","BITW","APT.USD.CC","TEKX","BITQ","DIME","BTC.USD.HKCC"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1067,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/566203740545504"}