Insight
Elevated Correlation Between Technology Stocks and Bitcoin: Temporary or Structural?
The correlation between the U.S. technology sector and Bitcoin has reached 0.81 over the past 30 days, placing it in the 88th percentile of the historical distribution. This is an extreme level, and the most surprising aspect is the speed [+]
February 2026 Statistics: Defensive Rotation into Quality
February 2026 marked a clear improvement in overall technical conditions. The average Health Score rose to 58.3 (+6.9% vs the previous month), with the percentage of instruments in bullish territory jumping from 53% to 68.5%. The most significant development: US [+]
Investment Styles: Value Takes the Lead at the Start of 2026
With AI continuing to represent a source of tension in financial markets, it is particularly interesting to assess how the relationship between the two equity styles—Growth and Value—is evolving. After a recovery in 2025, the Growth style has deteriorated again, [+]
Cyclical Analysis: WTI Crude Oil — cycles aligned to the upside, but is the US-Iran Risk already priced in?
WTI crude oil ends February with a +15.4% rally year-to-date, nearly triple its expected seasonal performance (+6.5%). The reason is well known: tensions between the United States and Iran have brought back the scenario most feared by energy markets—a potential [+]
Deep Dive: After the historic crash, a technical rebound in silver is possible. But the medium-term outlook remains uncertain — and volatility remains elevated
Silver reaches mid-February still shaken by one of the most violent events in commodity market history. The January 30 crash — with a 30% collapse in a single session, the worst since 1980 — has completely reshaped the technical picture. [+]
Deep Dive: French Stocks Hover Near Highs as Luxury Leads; Consolidation Signals Emerge
The CAC 40, the focus of today’s Deep Dive, confirms itself as one of the leading performers in European equities. After reaching a new all-time high of 8,437 points on February 12, the French stock index is consolidating around the [+]
Market Radar (February 16, 2026): Mixed Signals Across Markets, from Equities to Gold
The analysis of KBMeter scores and the main technical indicators reveals a market environment characterized by significant divergences across asset classes and within the equity segment itself.
S&P 500: Expansion with a Defensive Surprise. Here’s February’s Sector Rotation
Our sector analysis places the S&P 500 in an expansion phase, with a sentiment signal classified as risk on and model confidence at 85%. A total of 64% of sectors show a health score above 50, and all 11 monitored [+]
Cyclical Analysis: Between Confirmations and Anomalies, What Outlook for Gold?
Since the beginning of 2026, gold has delivered a return of more than 16%, compared with a historical seasonal expectation of approximately 3.5%. A thirteen-percentage-point deviation from the norm that, from a quantitative standpoint, represents one of the most pronounced [+]
Deep Dive: The S&P 500 Under the Microscope. Conditions Remain Neutral
After a particularly volatile week, we review the current status of the leading U.S. equity index, the S&P 500. Our Deep Dive analysis has thoroughly examined the index, revealing an overall neutral environment, with mixed signals that do not provide [+]
High Yield: a comparison between the United States and Europe
U.S. High Yield has outperformed its European counterpart and is now trading at relative highs. With a statistical pattern that favors mean reversion, however, conditions appear supportive of a rebalancing in favor of Europe.
U.S. Sector Rotation Lifts Regional Banks
The sector rotation unfolding in equities is particularly evident on U.S. markets. Concerns surrounding the technology sector and expectations of a broader-based growth phase are prompting investors to rediscover more “traditional” segments, some of which fall squarely within the so-called [+]
Dollar–Gold: Price and Score Correlations Diverge, Defining Three Distinct Scenarios
Interesting clues are emerging from the latest analysis of the correlation between the dollar and gold.Prices are telling the usual story — strong dollar, weak gold — but beneath the surface, a different signal is beginning to emerge.
Emerging Markets vs US: The Ratio Reaches Levels Not Seen in Months
The S&P 500 to Emerging Markets ratio (SPY/EEM) has fallen to 11.53, positioning nearly 3 standard deviations below its annual mean (z-score: -2.70). The ratio’s RSI has dropped to 21.9 — deep oversold territory.
Financial Sector: what the correlation breakdown reveals?
Cross-asset correlations are undergoing an impressive transformation. Our weekly scan detects 46 emerging correlations and 26 decaying ones, with movements reaching +1.34 and -1.32 points — levels historically seen only during market regime changes.
U.S. vs Europe Equities: Is the Relative Strength Ratio Poised for a Turn?
The S&P 500/Euro Stoxx ratio stands at 11.077, a level close to its one-year historical average (z-score: -0.04) but positioned in the 82nd percentile of its long-term distribution. From a technical perspective, one element stands out: the RSI has fallen [+]
Gold/Copper Ratio: Is the Peak in Risk-Off Behind Us?
The Gold/Copper relative strength ratio is currently positioned at historically elevated levels, remaining in a well-defined uptrend. This configuration continues to signal a macro environment characterized by caution and lingering cyclical uncertainty.
Intermarket analysis of U.S. consumer confidence: stalemate in January 2026
Consumer confidence remains on a knife edge in the latest update of our intermarket analysis. Consumption-related sectors are underperforming the benchmark index, signaling a cautious environment.
S&P 500 sectors: in November 2025, tech stocks take a tumble
Let’s take a look at how the S&P 500 sectors performed in November, and also review the situation from the start of 2025 to today, with less than a month left in the year.
Gold, copper, and semiconductors: when markets tell two different stories
The relative-strength ratios between copper, gold, and semiconductors over the past 24 months highlight a significant divergence between financial markets and the real economy, with important implications for global growth prospects.
