Learn
Short, practical guides to the data FundSpec puts in front of you every day: what each figure means, how it is produced, how experienced traders and investors read it, and where it misleads. Each guide ends with the FundSpec screen where you can put it to work.
- How to read unusual options activity
What makes an options trade unusual, what premium, sweeps and conviction tiers mean, and how to read the day's flow without fooling yourself.
- What analyst ratings and price targets actually tell you
How to read upgrades, downgrades, initiations and price targets, why the spread between analysts matters more than the average, and where the signal is.
- Earnings season: estimates, surprises and the price reaction
How consensus estimates are formed, what an earnings surprise is, why a beat can fall and a miss can rally, and how to prepare for a report.
- Sector rotation and how to use sector performance
Why sectors lead and lag at different points in the cycle, how to read sector performance across timeframes, and how to use it to frame a stock.
- Momentum, trend and the technical indicators FundSpec computes
What momentum measures, how moving averages, RSI, MACD, ADX and pivot points describe a trend, and why a trend label is not a forecast.
- How FundSpec's AI trading models are built and scored
What a reinforcement learning trading model is, how it is trained and tested, what its published record contains, and how to read that record honestly.
- Day trading signals: what an intraday call is and is not
How to read an intraday model signal, why timing, liquidity and cost decide whether it is usable, and the discipline that separates trading from guessing.
- A practical guide to discounted cash flow valuation
How a DCF values a company, which cash flow to project, how the discount rate and terminal value drive the answer, and how to test the result.
- Relative valuation: multiples, peers and when they mislead
How price to earnings, price to sales, price to book and EV to EBITDA value a company against peers, how to choose comparables, and where each misleads.
- Building a stock screen that finds what you mean
How to turn an investment idea into screening criteria, why percentile ranks beat raw thresholds, and how to keep a screen from finding the wrong stocks.
- Comparing two stocks side by side: the metrics that matter
How to compare stocks and ETFs on performance, volatility, drawdown, analyst targets, valuation and fundamentals without being fooled by one row.
- Glossary of terms used in FundSpec
Plain definitions of the terms that appear across FundSpec, from aggressor and beta to sweep, TTM and warranted value.