Finnence views
Macro
Demand thesis
Risk on; disinflation; tech leadership.
Why the market may be underpricing it
No underpricing claim recorded.
Evidence
- risk_on, disinflation, tech_leadership · curve 10y2y 0.20, curve trend 1m -0.30, dff 3.88
Risks
- No risks recorded.
Potential beneficiaries
None recorded.
Expressions
None recorded.
Portfolio action
Source: regime · updated 2026-09-23 02:25 UTC
Memory / Storage
Demand thesis
Memory / Storage is attractive with a 96% composite score. Positive relative-strength breadth is 100%; 134 member events appeared in 14 days.
Why the market may be underpricing it
Memory / Storage is attractive with a 96% composite score; breadth is 100%.
Evidence
- Momentum · 1
- Breadth · 1
- Participation · 1
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
MUSNDKSMHSTXWDCExpressions
MU · retail 100SNDK · retail 100SMH · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Data-center Power & Electrification
Demand thesis
Data-center Power & Electrification is emerging with a 69% composite score. Positive relative-strength breadth is 50%; 53 member events appeared in 14 days.
Why the market may be underpricing it
Data-center Power & Electrification is emerging with a 69% composite score; breadth is 50%.
Evidence
- Momentum · 0.549
- Breadth · 0.5
- Participation · 0.75
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
ETNGEVPWRVRTExpressions
ETN · retail 100GEV · retail 100PWR · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Grid Infrastructure
Demand thesis
Grid Infrastructure is attractive with a 70% composite score. Positive relative-strength breadth is 75%; 76 member events appeared in 14 days.
Why the market may be underpricing it
Grid Infrastructure is attractive with a 70% composite score; breadth is 75%.
Evidence
- Momentum · 0.5927
- Breadth · 0.75
- Participation · 0.75
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
ETNPWRHUBBGRIDExpressions
ETN · retail 100PWR · retail 100HUBB · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Uranium & Nuclear Supply Chain
Demand thesis
Uranium & Nuclear Supply Chain is emerging with a 27% composite score. Positive relative-strength breadth is 0%; 93 member events appeared in 14 days.
Why the market may be underpricing it
Uranium & Nuclear Supply Chain is emerging with a 27% composite score; breadth is 0%.
Evidence
- Momentum · 0.137
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
NLRUUUUSMRURACCJExpressions
NLR · retail 97UUUU · retail 100SMR · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Defense
Demand thesis
Defense is emerging with a 32% composite score. Positive relative-strength breadth is 0%; 72 member events appeared in 14 days.
Why the market may be underpricing it
Defense is emerging with a 32% composite score; breadth is 0%.
Evidence
- Momentum · 0.0101
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
LMTNOCGDRTXLHXITAExpressions
LMT · retail 100NOC · retail 100GD · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Gold Miners
Demand thesis
Gold Miners is emerging with a 41% composite score. Positive relative-strength breadth is 0%; 551 member events appeared in 14 days.
Why the market may be underpricing it
Gold Miners is emerging with a 41% composite score; breadth is 0%.
Evidence
- Momentum · 0.2125
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
GDXGDXJNEMAEMGOLDExpressions
GDX · retail 100GDXJ · retail 100NEM · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Copper
Demand thesis
Copper is emerging with a 39% composite score. Positive relative-strength breadth is 0%; 53 member events appeared in 14 days.
Why the market may be underpricing it
Copper is emerging with a 39% composite score; breadth is 0%.
Evidence
- Momentum · 0.1609
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
COPXTECKSCCORIOAAFCXExpressions
COPX · retail 100TECK · retail 100SCCO · retail 100Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Shipping & Tankers
Demand thesis
Shipping & Tankers is attractive with a 93% composite score. Positive relative-strength breadth is 100%; 63 member events appeared in 14 days.
Why the market may be underpricing it
Shipping & Tankers is attractive with a 93% composite score; breadth is 100%.
Evidence
- Momentum · 0.7978
- Breadth · 1
- Participation · 1
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
STNGDHTFROZIMMATXExpressions
STNG · retail 100DHT · retail 100FRO · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Cybersecurity
Demand thesis
Cybersecurity is attractive with a 93% composite score. Positive relative-strength breadth is 100%; 49 member events appeared in 14 days.
Why the market may be underpricing it
Cybersecurity is attractive with a 93% composite score; breadth is 100%.
Evidence
- Momentum · 0.9237
- Breadth · 1
- Participation · 1
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
CIBRPANWCRWDExpressions
CIBR · retail 100PANW · retail 100CRWD · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
AI Infrastructure
Demand thesis
AI Infrastructure is attractive with a 84% composite score. Positive relative-strength breadth is 75%; 421 member events appeared in 14 days.
Why the market may be underpricing it
AI Infrastructure is attractive with a 84% composite score; breadth is 75%.
Evidence
- Momentum · 0.8965
- Breadth · 0.75
- Participation · 0.875
- Event flow · 0.8356
Risks
- No risks recorded.
Potential beneficiaries
NVDASMCISMHANETAVGOARMExpressions
NVDA · retail 100SMCI · retail 100SMH · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Semiconductors
Demand thesis
Semiconductors is attractive with a 92% composite score. Positive relative-strength breadth is 100%; 486 member events appeared in 14 days.
Why the market may be underpricing it
Semiconductors is attractive with a 92% composite score; breadth is 100%.
Evidence
- Momentum · 1
- Breadth · 1
- Participation · 1
- Event flow · 0.7821
Risks
- No risks recorded.
Potential beneficiaries
MUNVDASMHAMDQCOMAVGOExpressions
MU · retail 100NVDA · retail 100SMH · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Mega-cap Tech
Demand thesis
Mega-cap Tech is attractive with a 77% composite score. Positive relative-strength breadth is 71%; 791 member events appeared in 14 days.
Why the market may be underpricing it
Mega-cap Tech is attractive with a 77% composite score; breadth is 71%.
Evidence
- Momentum · 0.7137
- Breadth · 0.7143
- Participation · 0.8571
- Event flow · 0.8374
Risks
- No risks recorded.
Potential beneficiaries
NVDAMETAMSFTGOOGLAMZNAAPLExpressions
NVDA · retail 100META · retail 100MSFT · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
US Banks
Demand thesis
US Banks is emerging with a 35% composite score. Positive relative-strength breadth is 0%; 139 member events appeared in 14 days.
Why the market may be underpricing it
US Banks is emerging with a 35% composite score; breadth is 0%.
Evidence
- Momentum · 0.105
- Breadth · 0
- Participation · 0
- Event flow · 0.7511
Risks
- Narrow member participation
Potential beneficiaries
JPMKREBACGSExpressions
JPM · retail 100KRE · retail 100BAC · retail 100Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
European Banks
Demand thesis
European Banks is emerging with a 43% composite score. Positive relative-strength breadth is 12%; 133 member events appeared in 14 days.
Why the market may be underpricing it
European Banks is emerging with a 43% composite score; breadth is 12%.
Evidence
- Momentum · 0.3065
- Breadth · 0.125
- Participation · 0.125
- Event flow · 0.8738
Risks
- Narrow member participation
Potential beneficiaries
INGEUFNBBVAHSBCDBSANExpressions
ING · retail 98EUFN · retail 100BBVA · retail 90Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
Japanese Equities
Demand thesis
Japanese Equities is attractive with a 68% composite score. Positive relative-strength breadth is 60%; 50 member events appeared in 14 days.
Why the market may be underpricing it
Japanese Equities is attractive with a 68% composite score; breadth is 60%.
Evidence
- Momentum · 0.5416
- Breadth · 0.6
- Participation · 0.6
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
MUFGSONYDXJTMEWJExpressions
MUFG · retail 98SONY · retail 98DXJ · retail 100Portfolio action
SIGNAL ISSUED
Source: themes · updated 2026-09-23 02:25 UTC
China Tech
Demand thesis
China Tech is emerging with a 40% composite score. Positive relative-strength breadth is 0%; 119 member events appeared in 14 days.
Why the market may be underpricing it
China Tech is emerging with a 40% composite score; breadth is 0%.
Evidence
- Momentum · 0.2931
- Breadth · 0
- Participation · 0.1667
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
FXIKWEBPDDBABAASHRJDExpressions
FXI · retail 100KWEB · retail 100PDD · retail 98Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Korea & Taiwan Tech
Demand thesis
Korea & Taiwan Tech is attractive with a 95% composite score. Positive relative-strength breadth is 100%; 26 member events appeared in 14 days.
Why the market may be underpricing it
Korea & Taiwan Tech is attractive with a 95% composite score; breadth is 100%.
Evidence
- Momentum · 0.9808
- Breadth · 1
- Participation · 1
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
EWYEWTExpressions
EWY · retail 100EWT · retail 100Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Biotech
Demand thesis
Biotech is emerging with a 40% composite score. Positive relative-strength breadth is 0%; 88 member events appeared in 14 days.
Why the market may be underpricing it
Biotech is emerging with a 40% composite score; breadth is 0%.
Evidence
- Momentum · 0.3674
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
IBBXBIExpressions
IBB · retail 100XBI · retail 100Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Lithium & Batteries
Demand thesis
Lithium & Batteries is emerging with a 35% composite score. Positive relative-strength breadth is 0%; 30 member events appeared in 14 days.
Why the market may be underpricing it
Lithium & Batteries is emerging with a 35% composite score; breadth is 0%.
Evidence
- Momentum · 0
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
ALBLITExpressions
ALB · retail 100LIT · retail 85Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Rare Earths & Critical Minerals
Demand thesis
Rare Earths & Critical Minerals is unattractive with a 34% composite score. Positive relative-strength breadth is 0%; 23 member events appeared in 14 days.
Why the market may be underpricing it
Rare Earths & Critical Minerals is unattractive with a 34% composite score; breadth is 0%.
Evidence
- Momentum · 0
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
- Low valuation-attractiveness percentile
Potential beneficiaries
MPREMXExpressions
MP · retail 100REMX · retail 97Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Natural Gas & LNG
Demand thesis
Natural Gas & LNG is emerging with a 65% composite score. Positive relative-strength breadth is 50%; 143 member events appeared in 14 days.
Why the market may be underpricing it
Natural Gas & LNG is emerging with a 65% composite score; breadth is 50%.
Evidence
- Momentum · 0.5277
- Breadth · 0.5
- Participation · 0.5
- Event flow · 1
Risks
- No risks recorded.
Potential beneficiaries
UNGLNGExpressions
UNG · retail 100LNG · retail 100Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Solar & Clean Energy
Demand thesis
Solar & Clean Energy is emerging with a 36% composite score. Positive relative-strength breadth is 0%; 43 member events appeared in 14 days.
Why the market may be underpricing it
Solar & Clean Energy is emerging with a 36% composite score; breadth is 0%.
Evidence
- Momentum · 0.238
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
FSLRTANExpressions
FSLR · retail 100TAN · retail 98Portfolio action
WATCH — no company currently meets the trade threshold.
Source: themes · updated 2026-09-23 02:25 UTC
Energy Majors
Demand thesis
Energy Majors is emerging with a 47% composite score. Positive relative-strength breadth is 0%; 312 member events appeared in 14 days.
Why the market may be underpricing it
Energy Majors is emerging with a 47% composite score; breadth is 0%.
Evidence
- Momentum · 0.3172
- Breadth · 0
- Participation · 0
- Event flow · 1
Risks
- Narrow member participation
Potential beneficiaries
CVXXLEXOMExpressions
CVX · retail 100XLE · retail 100XOM · retail 100Portfolio action
HOLDING
Source: themes · updated 2026-09-23 02:25 UTC