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): Santa Claus + PMIs trough + positioning = raising 2019 targ…
November 8, 2019
STRATEGY (Lee): Santa Claus + PMIs trough + p…
November 8, 2019
17.5x P/E (+0.4x above current) and $182 EPS ($2 above consensus)
WEEKEND ALPHA (Racanelli): Earnings Recession Talk Quiet as Investors Look …
November 8, 2019
WEEKEND ALPHA (Racanelli): Earnings Recession…
November 8, 2019
Have you noticed that all those loud concerns about the 2019 earnings recession have receded over past few we…
SIGNAL FROM NOISE (Racanelli): Khaner Capital Looks for Great Managements a…
November 6, 2019
SIGNAL FROM NOISE (Racanelli): Khaner Capital…
November 6, 2019
With this article, Signal from Noise inaugurates a Question & Answer format, to be published occasionally as …
STRATEGY (Lee): Newton’s First law in effect into YE—history implies S&…
November 1, 2019
STRATEGY (Lee): Newton’s First law in effec…
November 1, 2019
Key whether industrial cycle bottoming. 25 Cyclical + Value + Quality ideas
FLASH: Payrolls + ISM support “industrial cycle” bottoming R…
November 1, 2019
FLASH: Payrolls + ISM support “industri…
November 1, 2019
Both today's payrolls and ISM readings support our view that the industrial cycle is bottoming. And the broad…

More reports are available in the Research Library.

Technical

Technicals (Sluymer): Stay focused on the bullish cycle not the pendin…
November 12, 2019
Technicals (Sluymer): Stay focused on the bul…
November 12, 2019
Don't lose sight of the longer-term bullish cycle as markets become overbought short…
TECHNICALS (Sluymer): 2nd upleg in the 2019 bull market underway – C…
November 5, 2019
TECHNICALS (Sluymer): 2nd upleg in the 2019 b…
November 5, 2019
Second upleg of the 2019 global equity bull market underway with cyclicals continuin…
TECHNICALS (Sluymer): Cyclical rotation continues – Accumulate pendi…
October 29, 2019
TECHNICALS (Sluymer): Cyclical rotation conti…
October 29, 2019
TECHNICALS (Sluymer): Cycle outlook bullish – Breadth is expandi…
October 22, 2019
TECHNICALS (Sluymer): Cycle outlook bullish &…
October 22, 2019
What’s changing? The most noteworthy technical development taking hold continues t…
TECHNICALS (Sluymer): Cycle backdrop bullish – Rotation away from sa…
October 15, 2019
TECHNICALS (Sluymer): Cycle backdrop bullish …
October 15, 2019
The technical backdrop remains bullish for equities supportive of an upside break-ou…

More reports are available in the Research Library.

Quantamental

FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 20 n…
November 6, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
November 6, 2019
Buy Ideas - ARNC, CI, CTXS, FITB, GILD, HPQ, KSU, LYB, MXIM, NVDA, ORCL, QRVO, REGN,…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 4 ne…
October 30, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 30, 2019
New this week: Buy Ideas - ANTM, CBRE, DISCK, FB; Short Ideas - CTVA, FIS, MKTX, WA…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 6 ne…
October 23, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 23, 2019
New this week: Buy Ideas - BBY, BIIB, CSCO, CTL, MAC, SYF; Short Ideas - AWK, ECL, …
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 14 n…
October 17, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 17, 2019
New this week: Buy Ideas - ADP, ALXN, BLK, CAT, CFG, CMI, EXPE, MNST, MO, MXIM, NUE,…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 12 n…
October 2, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 2, 2019
Buy Ideas - AIV, CCI, CHD, CL, F, MTB, NTAP, PLD, PPL, TXN, XOM, XRAY; Short Ideas -…

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO SPECIAL REPORT: Bitcoin SV — The “big block” Bitcoin…
November 6, 2019
CRYPTO SPECIAL REPORT: Bitcoin SV — The “…
November 6, 2019
Adoption by established enterprises would validate network utility
CRYPTO TECHNICALS (Sluymer): A technical case for another upleg i…
November 6, 2019
CRYPTO TECHNICALS (Sluymer): A technical case…
November 6, 2019
A change in trend by Alts with BTC again testing a key pivot resistance level
CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 4, 2019
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 4, 2019
After the sharp rally, Bitcoin had a relatively flat week last week. Bitcoin prices …
IOTA Update: Partnership with Linux and Dell shows the project’…
November 1, 2019
IOTA Update: Partnership with Linux and Dell …
November 1, 2019
IOTA is a partner in the Linux Foundation (LF) and Dell’s newly announced Project …
CRYPTO TECHNICALS (Sluymer): Rebound from 62% retracement stalls …
October 30, 2019
CRYPTO TECHNICALS (Sluymer): Rebound from 62%…
October 30, 2019
We view BTC’s rebound from the key infection/reversal level as a major step in the…

More reports are available in the Research Library.

Policy

POLICY (T. Block): Impeachment proceeds while budget and China talks requir…
November 12, 2019
POLICY (T. Block): Impeachment proceeds while…
November 12, 2019
Budget deadline next week, November 21, expectation is for another Continuing Resolu…
POLICY (T. Block): Impeachment continues to dominate, China deal near, budg…
November 4, 2019
POLICY (T. Block): Impeachment continues to d…
November 4, 2019
Impeachment moves to next stage with House vote last week. Expect House vote impeac…
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Fed in f…
October 28, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 28, 2019
Washington continues to be dominated by impeachment after damning testimony by long …
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Syria co…
October 21, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 21, 2019
Impeachment and Syria dominate Washington as other issues get pushed to the side
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Democrat…
October 14, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 14, 2019
Impeachment continues to drive daily headlines out of DC; vote may be as early as ye…

More reports are available in the Research Library.

Portfolio Strategy

STRATEGY (Lee): Santa Claus + PMIs trough + positioning = raising 2019 targ…
November 8, 2019
STRATEGY (Lee): Santa Claus + PMIs trough + p…
November 8, 2019
17.5x P/E (+0.4x above current) and $182 EPS ($2 above consensus)
WEEKEND ALPHA (Racanelli): Earnings Recession Talk Quiet as Investors Look …
November 8, 2019
WEEKEND ALPHA (Racanelli): Earnings Recession…
November 8, 2019
Have you noticed that all those loud concerns about the 2019 earnings recession have receded over past few we…
SIGNAL FROM NOISE (Racanelli): Khaner Capital Looks for Great Managements a…
November 6, 2019
SIGNAL FROM NOISE (Racanelli): Khaner Capital…
November 6, 2019
With this article, Signal from Noise inaugurates a Question & Answer format, to be published occasionally as …

More reports are available in the Research Library.

Technical

Technicals (Sluymer): Stay focused on the bullish cycle not the pendin…
November 12, 2019
Technicals (Sluymer): Stay focused on the bul…
November 12, 2019
Don't lose sight of the longer-term bullish cycle as markets become overbought short…
TECHNICALS (Sluymer): 2nd upleg in the 2019 bull market underway – C…
November 5, 2019
TECHNICALS (Sluymer): 2nd upleg in the 2019 b…
November 5, 2019
Second upleg of the 2019 global equity bull market underway with cyclicals continuin…
TECHNICALS (Sluymer): Cyclical rotation continues – Accumulate pendi…
October 29, 2019
TECHNICALS (Sluymer): Cyclical rotation conti…
October 29, 2019

More reports are available in the Research Library.

Quantamental

FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 20 n…
November 6, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
November 6, 2019
Buy Ideas - ARNC, CI, CTXS, FITB, GILD, HPQ, KSU, LYB, MXIM, NVDA, ORCL, QRVO, REGN,…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 4 ne…
October 30, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 30, 2019
New this week: Buy Ideas - ANTM, CBRE, DISCK, FB; Short Ideas - CTVA, FIS, MKTX, WA…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 6 ne…
October 23, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 23, 2019
New this week: Buy Ideas - BBY, BIIB, CSCO, CTL, MAC, SYF; Short Ideas - AWK, ECL, …

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO SPECIAL REPORT: Bitcoin SV — The “big block” Bitcoin…
November 6, 2019
CRYPTO SPECIAL REPORT: Bitcoin SV — The “…
November 6, 2019
Adoption by established enterprises would validate network utility
CRYPTO TECHNICALS (Sluymer): A technical case for another upleg i…
November 6, 2019
CRYPTO TECHNICALS (Sluymer): A technical case…
November 6, 2019
A change in trend by Alts with BTC again testing a key pivot resistance level
CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 4, 2019
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 4, 2019
After the sharp rally, Bitcoin had a relatively flat week last week. Bitcoin prices …

More reports are available in the Research Library.

Policy

POLICY (T. Block): Impeachment proceeds while budget and China talks requir…
November 12, 2019
POLICY (T. Block): Impeachment proceeds while…
November 12, 2019
Budget deadline next week, November 21, expectation is for another Continuing Resolu…
POLICY (T. Block): Impeachment continues to dominate, China deal near, budg…
November 4, 2019
POLICY (T. Block): Impeachment continues to d…
November 4, 2019
Impeachment moves to next stage with House vote last week. Expect House vote impeac…
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Fed in f…
October 28, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 28, 2019
Washington continues to be dominated by impeachment after damning testimony by long …

More reports are available in the Research Library.

Portfolio Strategy

STRATEGY (Lee): Santa Claus + PMIs trough + positioning = raising 2019 targ…
November 8, 2019
STRATEGY (Lee): Santa Claus + PMIs trough + p…
November 8, 2019
17.5x P/E (+0.4x above current) and $182 EPS ($2 above consensus)
WEEKEND ALPHA (Racanelli): Earnings Recession Talk Quiet as Investors Look …
November 8, 2019
WEEKEND ALPHA (Racanelli): Earnings Recession…
November 8, 2019
Have you noticed that all those loud concerns about the 2019 earnings recession have receded over past few we…
SIGNAL FROM NOISE (Racanelli): Khaner Capital Looks for Great Managements a…
November 6, 2019
SIGNAL FROM NOISE (Racanelli): Khaner Capital…
November 6, 2019
With this article, Signal from Noise inaugurates a Question & Answer format, to be published occasionally as …
STRATEGY (Lee): Newton’s First law in effect into YE—history implies S&…
November 1, 2019
STRATEGY (Lee): Newton’s First law in effec…
November 1, 2019
Key whether industrial cycle bottoming. 25 Cyclical + Value + Quality ideas

More reports are available in the Research Library.

Technical

Technicals (Sluymer): Stay focused on the bullish cycle not the pendin…
November 12, 2019
Technicals (Sluymer): Stay focused on the bul…
November 12, 2019
Don't lose sight of the longer-term bullish cycle as markets become overbought short…
TECHNICALS (Sluymer): 2nd upleg in the 2019 bull market underway – C…
November 5, 2019
TECHNICALS (Sluymer): 2nd upleg in the 2019 b…
November 5, 2019
Second upleg of the 2019 global equity bull market underway with cyclicals continuin…
TECHNICALS (Sluymer): Cyclical rotation continues – Accumulate pendi…
October 29, 2019
TECHNICALS (Sluymer): Cyclical rotation conti…
October 29, 2019
TECHNICALS (Sluymer): Cycle outlook bullish – Breadth is expandi…
October 22, 2019
TECHNICALS (Sluymer): Cycle outlook bullish &…
October 22, 2019
What’s changing? The most noteworthy technical development taking hold continues t…

More reports are available in the Research Library.

Quantamental

FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 20 n…
November 6, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
November 6, 2019
Buy Ideas - ARNC, CI, CTXS, FITB, GILD, HPQ, KSU, LYB, MXIM, NVDA, ORCL, QRVO, REGN,…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 4 ne…
October 30, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 30, 2019
New this week: Buy Ideas - ANTM, CBRE, DISCK, FB; Short Ideas - CTVA, FIS, MKTX, WA…
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 6 ne…
October 23, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 23, 2019
New this week: Buy Ideas - BBY, BIIB, CSCO, CTL, MAC, SYF; Short Ideas - AWK, ECL, …
FS QU/TE (Xuan/Sluymer): Quant / Technical Matrix – Highlighting 14 n…
October 17, 2019
FS QU/TE (Xuan/Sluymer): Quant / Technical Ma…
October 17, 2019
New this week: Buy Ideas - ADP, ALXN, BLK, CAT, CFG, CMI, EXPE, MNST, MO, MXIM, NUE,…

More reports are available in the Research Library.

Cryptocurrency FX

CRYPTO SPECIAL REPORT: Bitcoin SV — The “big block” Bitcoin…
November 6, 2019
CRYPTO SPECIAL REPORT: Bitcoin SV — The “…
November 6, 2019
Adoption by established enterprises would validate network utility
CRYPTO TECHNICALS (Sluymer): A technical case for another upleg i…
November 6, 2019
CRYPTO TECHNICALS (Sluymer): A technical case…
November 6, 2019
A change in trend by Alts with BTC again testing a key pivot resistance level
CRYPTO (Xuan): Fundstrat Benchmark Crypto Indices Weekly Performa…
November 4, 2019
CRYPTO (Xuan): Fundstrat Benchmark Crypto Ind…
November 4, 2019
After the sharp rally, Bitcoin had a relatively flat week last week. Bitcoin prices …
IOTA Update: Partnership with Linux and Dell shows the project’…
November 1, 2019
IOTA Update: Partnership with Linux and Dell …
November 1, 2019
IOTA is a partner in the Linux Foundation (LF) and Dell’s newly announced Project …

More reports are available in the Research Library.

Policy

POLICY (T. Block): Impeachment proceeds while budget and China talks requir…
November 12, 2019
POLICY (T. Block): Impeachment proceeds while…
November 12, 2019
Budget deadline next week, November 21, expectation is for another Continuing Resolu…
POLICY (T. Block): Impeachment continues to dominate, China deal near, budg…
November 4, 2019
POLICY (T. Block): Impeachment continues to d…
November 4, 2019
Impeachment moves to next stage with House vote last week. Expect House vote impeac…
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Fed in f…
October 28, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 28, 2019
Washington continues to be dominated by impeachment after damning testimony by long …
POLICY (T. Block): Tom Block’s Takeaways: Impeachment, China and Syria co…
October 21, 2019
POLICY (T. Block): Tom Block’s Takeaways: I…
October 21, 2019
Impeachment and Syria dominate Washington as other issues get pushed to the side

More reports are available in the Research Library.