Welcome to Fundstrat
A differentiated approach to market strategy and sector research

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.

Download our Brochure

Welcome to Fundstrat
A differentiated approach to market strategy and sector research

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.

Download our Brochure

Fundstrat In The News

See more in Latest News

See more in Latest News

Portfolio Strategy

STRATEGY (Lee): Year-end rally thesis is stressed, but not broken
November 14, 2018
STRATEGY (Lee): Year-end rally thesis is stre…
November 14, 2018
Equity markets have been rattled in the past few days, falling 3%, rattling the confidence of markets and rai…
FS 3 Points TV: Homebuilders entering best 6M of year, 18% 6M gain, a pecul…
November 12, 2018
FS 3 Points TV: Homebuilders entering best 6M…
November 12, 2018
We discuss how a peculiar seasonality exists with homebuilders, which rally from Oct 20th to April 30th by an…
STRATEGY (Lee): Buy Homebuilders now. Entering seasonally strong 6M
November 9, 2018
STRATEGY (Lee): Buy Homebuilders now. Enterin…
November 9, 2018
While a large portion of the sell-off is due to demand concerns given higher interest rates (hurting affordab…
FS 3 Points TV: Why the sell-off in October is setting up for a violent ral…
November 1, 2018
FS 3 Points TV: Why the sell-off in October i…
November 1, 2018
We discuss how the sell-off in October has led to such an oversold condition in S&P 500 internals.
STRATEGY (Lee): S&P 500 so oversold, rallied 8 of 9 times in past̷…
October 31, 2018
STRATEGY (Lee): S&P 500 so oversold, ral…
October 31, 2018

More reports are available in the Research Library.

Technical

TECHNICALS (Sluymer): Retest of October lows underway – 10-year bond…
November 20, 2018
TECHNICALS (Sluymer): Retest of October lows …
November 20, 2018
Stress-test of October lows underway heading into this week’s index option expirat…
TECHNICALS (Sluymer): Secondary Lows Developing – China showing earl…
November 13, 2018
TECHNICALS (Sluymer): Secondary Lows Developi…
November 13, 2018
Secondary retest underway as part of a broader intermediate-term seasonal low
KELSEY 3Q VIDEO: Sluymer, TA, sees equities bottoming intermediate-ter…
November 13, 2018
KELSEY 3Q VIDEO: Sluymer, TA, sees equities b…
November 13, 2018
In this week’s video, we review the current technical backdrop for US equity marke…
KELSEY 3Q VIDEO: Sluymer, TA, sees intermediate-term indicators bottom…
November 7, 2018
KELSEY 3Q VIDEO: Sluymer, TA, sees intermedia…
November 7, 2018
In this video, we review 2 technical events investors and traders should be aware of…
TECHNICALS (Sluymer): Intermediate-term indicators bottoming – T…
November 6, 2018
TECHNICALS (Sluymer): Intermediate-term indic…
November 6, 2018
We continue to view the pending rebound as part of the latter stages of a 4-year cyc…

More reports are available in the Research Library.

Quantamental

QUANT (Doctor): Excel Model 10/31/18 (Nov) Portfolio
November 8, 2018
QUANT (Doctor): Excel Model 10/31/18 (Nov) Po…
November 8, 2018
Macro-Enabled Spreadsheets for DQM Nov Portfolio
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 20…
November 6, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
November 6, 2018
The QuTe selection generates a weekly list of high conviction Buy and Short ideas, b…
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 11…
October 31, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 31, 2018
New this week: Buy Ideas - APH, BLK, COP, FDX, GILD, HUM, INTU, ITW, MMM, NKE, ROP; …
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 10…
October 25, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 25, 2018
New this week: Buy Ideas - ADBE, BWA, CINF, DIS, DUK, GS, MA, MSI, PG, USB; Short Id…
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 10…
October 17, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 17, 2018
New this week: Buy Ideas - AET, AXP, EOG, HD, HON, ITW, JNJ, LYB, UPS, WAT; Short Id…

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 19, 2018
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 19, 2018
Over the past 7 days, the FS CryptoFX Agg Index decreased by 13.0%, compared with a …
CRYPTO (Lee): Bitcoin breaks psychological support and now below …
November 16, 2018
CRYPTO (Lee): Bitcoin breaks psychological su…
November 16, 2018
Reflexivity and technicals play a disproportionate role in price performance of bitc…
(Fundstrat 视频) KELSEY的三问时间: 比特币最重要的…
November 14, 2018
(Fundstrat 视频) KELSEY的三问时间: 比…
November 14, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 Ken Xuan 重点讨…
CRYPTO TECHNICALS (Sluymer): BTC breaks 5800 – Head-fake or bre…
November 14, 2018
CRYPTO TECHNICALS (Sluymer): BTC breaks 5800 …
November 14, 2018
BTC’s collapse below important technical support between 5800-6000 raises the ques…
CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 12, 2018
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 12, 2018
Over the past 7 days, the FS CryptoFX Agg Index increased by 0.9%, compared with a 2…

More reports are available in the Research Library.

Policy

POLICY (T. Block): Tom Block’s Takeaways: Congress returns but attention …
November 12, 2018
POLICY (T. Block): Tom Block’s Takeaways: C…
November 12, 2018
Final vote count appears to give House Democrats a gain of between 30 to 35 seats, a…
POLICY (T. Block): Tom Block’s Takeaways: No Democratic wave, but new day…
November 7, 2018
POLICY (T. Block): Tom Block’s Takeaways: N…
November 7, 2018
Trump and his Administration will face real opposition for the first time since his …
(Fundstrat 视频) KELSEY的三问时间: 中期选举对美国股市的影…
November 2, 2018
(Fundstrat 视频) KELSEY的三问时间: 中…
November 2, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 轩 晓峰 (ken.xu…
POLICY (T. Block): Tom Block’s Takeaways: One week to go – Will terror …
October 29, 2018
POLICY (T. Block): Tom Block’s Takeaways: O…
October 29, 2018
Senate looks likely to remain Republican, Democrats appear near a takeover of the US…
POLICY (T. Block): Tom Block’s Takeaways: Midterms – Three weeks to…
October 15, 2018
POLICY (T. Block): Tom Block’s Takeaways: M…
October 15, 2018
Midterm election is three weeks away. My projections: Republicans have net gain of o…

More reports are available in the Research Library.

Portfolio Strategy

STRATEGY (Lee): Year-end rally thesis is stressed, but not broken
November 14, 2018
STRATEGY (Lee): Year-end rally thesis is stre…
November 14, 2018
Equity markets have been rattled in the past few days, falling 3%, rattling the confidence of markets and rai…
FS 3 Points TV: Homebuilders entering best 6M of year, 18% 6M gain, a pecul…
November 12, 2018
FS 3 Points TV: Homebuilders entering best 6M…
November 12, 2018
We discuss how a peculiar seasonality exists with homebuilders, which rally from Oct 20th to April 30th by an…
STRATEGY (Lee): Buy Homebuilders now. Entering seasonally strong 6M
November 9, 2018
STRATEGY (Lee): Buy Homebuilders now. Enterin…
November 9, 2018
While a large portion of the sell-off is due to demand concerns given higher interest rates (hurting affordab…

More reports are available in the Research Library.

Technical

TECHNICALS (Sluymer): Retest of October lows underway – 10-year bond…
November 20, 2018
TECHNICALS (Sluymer): Retest of October lows …
November 20, 2018
Stress-test of October lows underway heading into this week’s index option expirat…
TECHNICALS (Sluymer): Secondary Lows Developing – China showing earl…
November 13, 2018
TECHNICALS (Sluymer): Secondary Lows Developi…
November 13, 2018
Secondary retest underway as part of a broader intermediate-term seasonal low
KELSEY 3Q VIDEO: Sluymer, TA, sees equities bottoming intermediate-ter…
November 13, 2018
KELSEY 3Q VIDEO: Sluymer, TA, sees equities b…
November 13, 2018
In this week’s video, we review the current technical backdrop for US equity marke…

More reports are available in the Research Library.

Quantamental

QUANT (Doctor): Excel Model 10/31/18 (Nov) Portfolio
November 8, 2018
QUANT (Doctor): Excel Model 10/31/18 (Nov) Po…
November 8, 2018
Macro-Enabled Spreadsheets for DQM Nov Portfolio
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 20…
November 6, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
November 6, 2018
The QuTe selection generates a weekly list of high conviction Buy and Short ideas, b…
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 11…
October 31, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 31, 2018
New this week: Buy Ideas - APH, BLK, COP, FDX, GILD, HUM, INTU, ITW, MMM, NKE, ROP; …

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 19, 2018
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 19, 2018
Over the past 7 days, the FS CryptoFX Agg Index decreased by 13.0%, compared with a …
CRYPTO (Lee): Bitcoin breaks psychological support and now below …
November 16, 2018
CRYPTO (Lee): Bitcoin breaks psychological su…
November 16, 2018
Reflexivity and technicals play a disproportionate role in price performance of bitc…
(Fundstrat 视频) KELSEY的三问时间: 比特币最重要的…
November 14, 2018
(Fundstrat 视频) KELSEY的三问时间: 比…
November 14, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 Ken Xuan 重点讨…

More reports are available in the Research Library.

Policy

POLICY (T. Block): Tom Block’s Takeaways: Congress returns but attention …
November 12, 2018
POLICY (T. Block): Tom Block’s Takeaways: C…
November 12, 2018
Final vote count appears to give House Democrats a gain of between 30 to 35 seats, a…
POLICY (T. Block): Tom Block’s Takeaways: No Democratic wave, but new day…
November 7, 2018
POLICY (T. Block): Tom Block’s Takeaways: N…
November 7, 2018
Trump and his Administration will face real opposition for the first time since his …
(Fundstrat 视频) KELSEY的三问时间: 中期选举对美国股市的影…
November 2, 2018
(Fundstrat 视频) KELSEY的三问时间: 中…
November 2, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 轩 晓峰 (ken.xu…

More reports are available in the Research Library.

Portfolio Strategy

STRATEGY (Lee): Year-end rally thesis is stressed, but not broken
November 14, 2018
STRATEGY (Lee): Year-end rally thesis is stre…
November 14, 2018
Equity markets have been rattled in the past few days, falling 3%, rattling the confidence of markets and rai…
FS 3 Points TV: Homebuilders entering best 6M of year, 18% 6M gain, a pecul…
November 12, 2018
FS 3 Points TV: Homebuilders entering best 6M…
November 12, 2018
We discuss how a peculiar seasonality exists with homebuilders, which rally from Oct 20th to April 30th by an…
STRATEGY (Lee): Buy Homebuilders now. Entering seasonally strong 6M
November 9, 2018
STRATEGY (Lee): Buy Homebuilders now. Enterin…
November 9, 2018
While a large portion of the sell-off is due to demand concerns given higher interest rates (hurting affordab…
FS 3 Points TV: Why the sell-off in October is setting up for a violent ral…
November 1, 2018
FS 3 Points TV: Why the sell-off in October i…
November 1, 2018
We discuss how the sell-off in October has led to such an oversold condition in S&P 500 internals.

More reports are available in the Research Library.

Technical

TECHNICALS (Sluymer): Retest of October lows underway – 10-year bond…
November 20, 2018
TECHNICALS (Sluymer): Retest of October lows …
November 20, 2018
Stress-test of October lows underway heading into this week’s index option expirat…
TECHNICALS (Sluymer): Secondary Lows Developing – China showing earl…
November 13, 2018
TECHNICALS (Sluymer): Secondary Lows Developi…
November 13, 2018
Secondary retest underway as part of a broader intermediate-term seasonal low
KELSEY 3Q VIDEO: Sluymer, TA, sees equities bottoming intermediate-ter…
November 13, 2018
KELSEY 3Q VIDEO: Sluymer, TA, sees equities b…
November 13, 2018
In this week’s video, we review the current technical backdrop for US equity marke…
KELSEY 3Q VIDEO: Sluymer, TA, sees intermediate-term indicators bottom…
November 7, 2018
KELSEY 3Q VIDEO: Sluymer, TA, sees intermedia…
November 7, 2018
In this video, we review 2 technical events investors and traders should be aware of…

More reports are available in the Research Library.

Quantamental

QUANT (Doctor): Excel Model 10/31/18 (Nov) Portfolio
November 8, 2018
QUANT (Doctor): Excel Model 10/31/18 (Nov) Po…
November 8, 2018
Macro-Enabled Spreadsheets for DQM Nov Portfolio
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 20…
November 6, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
November 6, 2018
The QuTe selection generates a weekly list of high conviction Buy and Short ideas, b…
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 11…
October 31, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 31, 2018
New this week: Buy Ideas - APH, BLK, COP, FDX, GILD, HUM, INTU, ITW, MMM, NKE, ROP; …
FS QU/TE (Doctor/Sluymer): Quant / Technical Matrix – Highlighting 10…
October 25, 2018
FS QU/TE (Doctor/Sluymer): Quant / Technical …
October 25, 2018
New this week: Buy Ideas - ADBE, BWA, CINF, DIS, DUK, GS, MA, MSI, PG, USB; Short Id…

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 19, 2018
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 19, 2018
Over the past 7 days, the FS CryptoFX Agg Index decreased by 13.0%, compared with a …
CRYPTO (Lee): Bitcoin breaks psychological support and now below …
November 16, 2018
CRYPTO (Lee): Bitcoin breaks psychological su…
November 16, 2018
Reflexivity and technicals play a disproportionate role in price performance of bitc…
(Fundstrat 视频) KELSEY的三问时间: 比特币最重要的…
November 14, 2018
(Fundstrat 视频) KELSEY的三问时间: 比…
November 14, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 Ken Xuan 重点讨…
CRYPTO TECHNICALS (Sluymer): BTC breaks 5800 – Head-fake or bre…
November 14, 2018
CRYPTO TECHNICALS (Sluymer): BTC breaks 5800 …
November 14, 2018
BTC’s collapse below important technical support between 5800-6000 raises the ques…

More reports are available in the Research Library.

Policy

POLICY (T. Block): Tom Block’s Takeaways: Congress returns but attention …
November 12, 2018
POLICY (T. Block): Tom Block’s Takeaways: C…
November 12, 2018
Final vote count appears to give House Democrats a gain of between 30 to 35 seats, a…
POLICY (T. Block): Tom Block’s Takeaways: No Democratic wave, but new day…
November 7, 2018
POLICY (T. Block): Tom Block’s Takeaways: N…
November 7, 2018
Trump and his Administration will face real opposition for the first time since his …
(Fundstrat 视频) KELSEY的三问时间: 中期选举对美国股市的影…
November 2, 2018
(Fundstrat 视频) KELSEY的三问时间: 中…
November 2, 2018
在本期Kelsey的三问时间中, 我与我们团队的分析师 轩 晓峰 (ken.xu…
POLICY (T. Block): Tom Block’s Takeaways: One week to go – Will terror …
October 29, 2018
POLICY (T. Block): Tom Block’s Takeaways: O…
October 29, 2018
Senate looks likely to remain Republican, Democrats appear near a takeover of the US…

More reports are available in the Research Library.