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

We are well into Q1 earnings season; 60% of the S&amp;P 500 has reported their results and the top- and bottom-line beat rates are well above average. The V-shaped recovery is complete.However, the market is priced for perfection. We reiterate our warning that risks are rising for the stock market. You can tell a lot about market psychology by how the market reacts to the news. The six largest stocks in the S&amp;P 500 reported last week and they all beat consensus estimates, but the index was flat.A “Sell in May” strategy may be a useful investment template for the next few months.

We are well into Q1 earnings season; 60% of the S&amp;P 500 has reported their results and the top- and bottom-line beat rates are well above average. The V-shaped recovery is complete.However, the market is priced for perfection. We reiterate our warning that risks are rising for the stock market. You can tell a lot about market psychology by how the market reacts to the news. The six largest stocks in the S&amp;P 500 reported last week and they all beat consensus estimates, but the index was flat.A “Sell in May” strategy may be a useful investment template for the next few months.

Q1 Earnings Monitor: Priced For Perfection