韭菜提纯所
Leeking Alpha
Five minutes a day, and the purest alpha left after the noise is filtered out.
每天 5 分钟，把过滤后最纯粹的 Alpha 交给你。
The market is full of noise, but the data never lies. Every trading day after the close we use data and algorithms to strip out the emotion and dig into the fundamentals.
市场充满了噪音，但数据从不撒谎。每个交易日收盘后，我们只用数据和算法剥离情绪，深挖基本面。
Cooler inflation and a softer Fed could not stop the 30-year yield from making a new high, so rate hopes no longer lift stocks, and selling is now concentrating in health care.
Read the full briefing →Consumer confidence hit a 12-year low and the 30-year yield a 24-year high, yet the index barely moved, because a handful of giants are carrying it while most stocks keep bleeding.
Read the full briefing →An oil jump on top of a 19-year high in the 10-year yield pulled stocks lower, but the tape looks like rotation out of index leaders and toward beaten-up sectors, not a top.
Read the full briefing →Stocks closed the week higher even as the ten-year yield hit its highest in roughly nineteen years, but three in four stocks remain in down-trends, and the one well-built setup on…
Read the full briefing →The index stood still for a third day while the ten-year yield hit its highest since 2007 on strong economic data, and underneath, most stocks kept sliding as money rotated out of…
Read the full briefing →The five-year Treasury yield cleared five percent for the first time since 2007 and stocks finally stepped lower, a discount-rate shock rather than a growth scare, with money…
Read the full briefing →The Nasdaq 100 notched another high as oil slid on Iran diplomacy, but the typical stock kept falling, and the clearest signals were warnings on stretched quality names like…
Read the full briefing →A chip-led melt-up sent the Nasdaq Composite to a record, but the typical stock barely moved, and the sharpest read of the day was the refiners breaking as crude slid.
Read the full briefing →The index looks calm after the Fed hike, but most stocks are still in downtrends and fresh buying is showing up in utilities and industrials while warning signs gather in tech…
Read the full briefing →The Fed's post-hike selloff reversed the next day as oil fell on signs of a faster Saudi pipeline restart and possible U.S.-Iran de-escalation, and the scan's real story is fresh…
Read the full briefing →美联储加息后引发的抛售在次日反转，油价因沙特加快恢复输油管道以及美伊关系可能缓和而下跌，扫描显示真正的故事是资金正在从受益于油价冲击的能源和科技股，转向被打…
阅读完整内容 →The Fed hiked and signaled more to come, sending rates and the dollar higher while stocks slid; the scan shows energy quietly distributing into strength even as analysts raise…
Read the full briefing →美联储如期加息并暗示年内还会再加，利率和美元走高，股市转跌；扫描显示能源股在强势中被悄悄派发，尽管分析师仍在上调目标价，而被丑闻困扰的工业股却在下跌中悄悄获…
阅读完整内容 →Stocks fell a second day on a surging ten-year yield and crude above one hundred five dollars ahead of tomorrow's Fed decision, with the scan flagging a housing supplier as deeply…
Read the full briefing →An AI-safety political spat, a fresh Middle East escalation and a five percent ten-year yield hit stocks together, but underneath the selloff the cleanest read was seven Energy…
Read the full briefing →A fourth straight down day was driven by an oil-led inflation shock that flipped Fed odds from a cut toward a hike five days before the meeting, and the clearest signal underneath…
Read the full briefing →A fourth straight down day was driven by oil breaking above $100 and a hot producer-price report that flipped rate expectations from a cut to a possible hike, while underneath the…
Read the full briefing →油价突破一百美元加上生产者价格数据爆表，把市场对美联储的预期从降息扭转为可能加息，股市连续第四天下跌，而资金面显示能源股正在被悄悄卖出、工业和零售股却在逢低…
阅读完整内容 →Oil broke above $100 on renewed Iran tensions, reviving the inflation and rate fears markets had just started to shake off, and every clean signal in today's data pointed to a…
Read the full briefing →An oil-driven spike sent the Dow sharply lower while the Nasdaq barely moved, and the market's only one-sided signal today pointed to distribution inside the Dow's own old-economy…
Read the full briefing →A stronger-than-expected jobs report pushed rate-hike odds sharply higher, and money kept rotating out of energy and software into utilities and industrials heading into a heavy…
Read the full briefing →A much-stronger-than-expected August jobs report pushed rate-hike odds sharply higher and hit small caps hardest, while the tape underneath showed an unusually clean rotation out…
Read the full briefing →A dovish Fed remark cut rate-hike odds and triggered a clean rotation into utilities and industrials out of software, even as an overnight Iran strike spiked oil and added a fresh…
Read the full briefing →A three-day losing streak ended on falling Treasury yields and easing oil fears, but the rally was carried almost entirely by Nvidia while money quietly rotated out of software…
Read the full briefing →A weekend Hormuz tanker strike sent every index lower, but the real story is a global bond selloff pushing Japan's 10-year above 3% and the US 30-year above 5.3%; software and…
Read the full briefing →A weekend strike in the Strait of Hormuz sent oil sharply higher and handed an already-hawkish Fed a fresh inflation argument, and for the first time in this dataset more stocks…
Read the full briefing →A Fed official's hawkish Jackson Hole speech pushed next month's hike odds to a coin flip and hit growth stocks hardest, but broad money flow and price structure still lean…
Read the full briefing →Nvidia's blowout guide sparked a narrow software melt-up while quiet accumulation built in utilities and semiconductors underneath, and the real test lands tomorrow when the Fed…
Read the full briefing →Chip stocks led today's selloff as the US-Canada trade war went live, even as broad market breadth stayed intact and today's confirmed reversal signals concentrated almost…
Read the full briefing →芯片股领跌，美加贸易战正式打响，尽管大盘资金流和趋势结构依然健康，但今天确认的看空信号几乎全部集中在医疗保健板块。AppLovin 和 Amgen 是今天最…
阅读完整内容 →The thirty-year Treasury yield hit a nineteen-year high and stocks bounced only on strong Friday data, while our signals flagged eighteen health care names, more than the next…
Read the full briefing →Walmart's slowest comparable-sales growth since 2020 and a reversing bond-market rally sent stocks lower across the board, but the broad trend remains intact even as extension…
Read the full briefing →沃尔玛同店销售增速创 2020 年以来新低，叠加长端收益率回吐前一日涨幅，拖累美股全线下跌；但资金流入仍占优、趋势整体健康，只是集中在医疗和金融的板块已明显…
阅读完整内容 →Three down days ended on a Treasury-driven yield relief rally, but the confluence signals are almost entirely bearish and concentrated in health care, software and financials — a…
Read the full briefing →三连跌后靠财政部扩大回购和长端收益率回落收红，但共振信号几乎全部偏空且集中在医疗、软件和金融，这更像资金从拥挤板块撤出的轮动，而不是见顶；Martin Ma…
阅读完整内容 →The 30-year Treasury yield hit a 19-year high and knocked equities lower, but breadth stays intact — this reads as rotation out of crowded rate-sensitive winners, not a market top.
Read the full briefing →Every confirmed reversal signal today pointed bearish, the most one-sided reading in weeks, spreading from health care and tech into financials, while the only fresh buying…
Read the full briefing →今天所有已确认的反转信号全部看空，是近几周最一边倒的一次读数，看空信号从医疗保健和科技蔓延到金融板块，而全市场唯一还在悄悄吸筹的角落，只剩下防御性消费必需品…
阅读完整内容 →Every confirmed reversal signal this week pointed bearish and clustered in this year's crowded winners, while defensive staples quietly saw inflows, as the market heads into its…
Read the full briefing →The index closed at fresh records again on cooling inflation data, but every confirmed reversal signal this week points bearish, and money is quietly rotating out of this year's…
Read the full briefing →The index closed at fresh records again, but the confluence board flagged one of its most lopsided bearish readings of the year, with quiet accumulation showing up only in a…
Read the full briefing →Three stocks that just delivered genuine earnings beats and raised guidance are now flashing overbought signals after their rallies, while the only bullish setup on the whole…
Read the full briefing →Zero bullish setups and fourteen bearish ones stacked up today, with financials, insurers, industrials, materials, and health care leading the stretch, as the market holds its…
Read the full briefing →A weak jobs report pushed stocks to fresh records on rate-cut hopes, but every leading signal turned bearish together, with financials at the center of a quiet distribution even…
Read the full briefing →就业数据走弱推动大盘刷新纪录，但几乎所有领先信号同时转向偏空，卖压集中在金融板块，即便 Airbnb、JPMorgan 和 Prudential 财报亮眼…
阅读完整内容 →The index barely moved but every leading signal turned bearish together, with distribution concentrated in financials, health care, and technology.
Read the full briefing →Three names that just beat earnings this week, Assurant, Mastercard and Booking, are exactly where our confluence signals are flashing bearish, a reminder that good news and a…
Read the full briefing →本周三家率先公布财报的公司，Assurant、Mastercard和Booking，恰好全部撞上我们共振信号的看跌区间，提醒我们财报超预期和股价的好买点并不…
阅读完整内容 →The S&P and Dow hit fresh all-time highs and the Dow topped 54,000 for the first time, but every high-conviction reversal signal today was bearish and concentrated in insurers…
Read the full briefing →Stocks hit fresh highs, but every confirmed reversal signal today was bearish and clustered in overextended Financials and Health Care — a sign of rotation into semiconductors…
Read the full briefing →The indexes made new highs while every confirming signal pointed the other way. That gap is money rotating out of financials, health care, real estate and industrials into…
Read the full briefing →July closed at record highs on a handful of megacap earnings while the widest bearish divergence skew of the week built underneath, and the rail operator flagged Monday closed the…
Read the full briefing →七月以历史新高收官，支撑全靠几家科技巨头的财报而非全市场参与，与此同时本周最悬殊的看空资金流背离比例正在水面下积累，周一被标记的铁路股五战五捷维持看空读数直…
阅读完整内容 →A sharp relief rally on blowout Microsoft cloud guidance masked a bearish divergence count that actually widened, with the cleanest rotation signature of the week: distribution in…
Read the full briefing →A hawkish three-dissent Fed hold sent the Dow to its worst day since April, flipping divergences from even to two-and-a-half-to-one bearish overnight, with the damage concentrated…
Read the full briefing →A second cautious session ahead of the Fed masked broad measures actually firming into the decision, while the single most stretched name in the scan carried no fresh earnings…
Read the full briefing →Stocks drifted into a pivotal week of Fed and megacap earnings with signals split dead even, a clean positioning bet ahead of Wednesday rather than a directional call.
Read the full briefing →