Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>The changes to the <a href="https://www.smartkarma.com/entities/s-p-500-index" target="_blank" data-smartkarma-citation="entities:22886:1" rel="noopener">S&amp;P 500 INDEX (SPX INDEX)</a>, S&amp;P400 Index and S&amp;P600 Index will be announced after market close on Friday.</li>
<li>The conclusions of the market consultation to change the index weighting methodology for the Select Sector Indices to reduce concentration and avoid reverse turnover should also be announced.</li>
<li>Changes in the index weighting methodology will result in a round-trip trade of US$35bn across the Select Sector indices. The largest turnover is in the <a href="https://www.smartkarma.com/entities/consumer-staples-select-sector-spdr-fund" target="_blank" data-smartkarma-citation="entities:27536:1" rel="noopener">XLP</a> and <a href="https://www.smartkarma.com/entities/technology-select-sector-spdr" target="_blank" data-smartkarma-citation="entities:27543:1" rel="noopener">XLK</a>.</li>
</ul>


The changes to the S&amp;P 500 INDEX (SPX INDEX), S&amp;P400 Index and S&amp;P600 Index will be announced after market close on Friday.
The conclusions of the market consultation to change the index weighting methodology for the Select Sector Indices to reduce concentration and avoid reverse turnover should also be announced.
Changes in the index weighting methodology will result in a round-trip trade of US$35bn across the Select Sector indices. The largest turnover is in the XLP and XLK.


Select Sector Indices - Updated Flows as Round-Trip Trade Hits US$35bn

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

iShares MSCI China ETF / Technical Analysis

<ul>
<li>We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass).</li>
<li>Short-Term supports on the SPX include the 20-day MA (currently 6233), 6200, 6100-6150, and 6028-6059, with additional supports at 5804-5854 and 5700-5785. Buy pullbacks to these areas.</li>
<li>SPX has not closed below its 20-day MA for two months, but even when it does, all we would expect to happen is for a new, less-steep uptrend to form.</li>
</ul>


We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass).
Short-Term supports on the SPX include the 20-day MA (currently 6233), 6200, 6100-6150, and 6028-6059, with additional supports at 5804-5854 and 5700-5785. Buy pullbacks to these areas.
SPX has not closed below its 20-day MA for two months, but even when it does, all we would expect to happen is for a new, less-steep uptrend to form.


More Breakouts and Risk-On Developments; Monitoring Rotations: Miners, Retail, Lithium, China

HarmoniQ Insights

William Mann

Independent Insight Provider

At HarmoniQ Insights, we empower investors to enhance their investment strategies by integrating cutting-edge quantitative research processes and technologies. Our solutions provide access to leading quantitative data providers and services, tailored to align with each client’s unique goals. By bridging the gap between traditional investment approaches and advanced data-driven methods, we help clients gain a competitive edge through innovation in both process and technology.

Quantitative Analysis

<ul>
<li>
Novel Twist Steepening Analysis: Empirically validated sector rotation opportunities in the current yield curve environment with rising long-term rates and falling short-term rates.</li>
<li>
Integrated Machine Learning Framework: Advanced ML techniques identify non-linear macro-asset relationships traditional models miss, enhancing strategy robustness during regime transitions.</li>
<li>
Actionable Cross-Asset Implementation: Detailed portfolio methodologies integrating findings across asset classes with specific trade recommendations for Q2 2025.</li>
</ul>



Novel Twist Steepening Analysis: Empirically validated sector rotation opportunities in the current yield curve environment with rising long-term rates and falling short-term rates.

Integrated Machine Learning Framework: Advanced ML techniques identify non-linear macro-asset relationships traditional models miss, enhancing strategy robustness during regime transitions.

Actionable Cross-Asset Implementation: Detailed portfolio methodologies integrating findings across asset classes with specific trade recommendations for Q2 2025.


Advanced Look: Navigating the New Macro Landscape Through Quantitative Alpha Generation Strategies

Independent in-depth research from Finimize, Finimize

Finimize Research

Independent in-depth research from Finimize

Finimize

Finimize is the #1 information platform for modern investors. We empower people to become smarter investors with bitesize insights from world-class analysts. 1 million+ strong community, 250 partners.

Cross Asset Strategy

<ul>
<li>Technical analysis can help you keep your zen as it cuts through the noise by providing a set of rules on when to buy, sell, or just sit tight.</li>
<li>There are many technical indicators, but using both the simple moving average and the moving average convergence divergence can tell you most of what you need to know</li>
<li>Here’s how the two indicators work, what makes them so effective when using them together, and a look at a few major stock ETFs,  gold, bitcoin, and the Mag 7.</li>
</ul>


Technical analysis can help you keep your zen as it cuts through the noise by providing a set of rules on when to buy, sell, or just sit tight.
There are many technical indicators, but using both the simple moving average and the moving average convergence divergence can tell you most of what you need to know
Here’s how the two indicators work, what makes them so effective when using them together, and a look at a few major stock ETFs,  gold, bitcoin, and the Mag 7.


Two Technical Indicators, And The Top Trades They’re Pointing To Now

<ul>
<li>Our intermediate-term outlook remains bearish/cautious, and we continue to believe a prolonged downturn is likely, which has been the case since our 4/1/25 Compass. However, shorter-term...</li>
<li>SPX is now 4.5%-5.0% lower than last week (when we said to expect the rally to fizzle), and is testing 5100-5120 support.</li>
<li>5100-5120 has been a key level several times dating back to early 2024, and is a level to trade against to the long side.</li>
</ul>


Our intermediate-term outlook remains bearish/cautious, and we continue to believe a prolonged downturn is likely, which has been the case since our 4/1/25 Compass. However, shorter-term...
SPX is now 4.5%-5.0% lower than last week (when we said to expect the rally to fizzle), and is testing 5100-5120 support.
5100-5120 has been a key level several times dating back to early 2024, and is a level to trade against to the long side.


Upgrading Consumer Staples to Overweight; Short-Term Bottom Potential Here

United States

Utilities Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA.  The Fund's objective is to provide investment results that correspond to the performance of The Utilities Select Sector Index. The Index includes communication services, electrical power providers and natural gas distributors.

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Utilities Select Sector Spdr (XLU US)

Select Sector Indices - Updated Flows as Round-Trip Trade Hits US$35bn

US$300bn tracks the Select Sector Indices. Implementation of proposed changes will set off a US$35bn trade. Apple could be bought by multiple...

Brian Freitas

More Breakouts and Risk-On Developments; Monitoring Rotations: Miners, Retail, Lithium, China

More Breakouts and Risk-On Developments; Still Bullish $SPX $QQQ $IWM. Monitoring Rotations: Utilities $XLU, Real Estate $XLRE, Miners $XME $GDX,...

Vermilion Research

Advanced Look: Navigating the New Macro Landscape Through Quantitative Alpha Generation Strategies

🔓 UNLOCKING RESEARCH: Systematic Macro Alpha Generation We are releasing our comprehensive macro investing research to SSRN! https:/...

William Mann

Two Technical Indicators, And The Top Trades They’re Pointing To Now

Technical analysis can help you keep your zen when markets are volatile and unpredictable. Here's an update on the main ETFs, bitcoin, gold, and...

Finimize Research

Upgrading Consumer Staples to Overweight; Short-Term Bottom Potential Here

Upgrading Consumer Staples $XLP to Overweight; Still Intermediate-Term Bearish/Cautious, But use 5100-5120 on $SPX as a stop loss and a level to...

Vermilion Research

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