LIQUIDITY THEORY

 

TrimTabs' edge is based on the view that stock prices are set based on supply and demand rather than fundamental value.

We measure both supply—the amount of shares available for investors to buy—and demand—the amount of money available to buy these shares.

We explain the implications of changes in supply and demand indicators for stock prices:

Increasing supply is bearish. All else being equal, more shares translate into lower stock prices. Conversely, decreasing supply is bullish. All else being equal, fewer shares translate into higher stock prices.

Some demand indicators are leading, while others are contrary. Increasing demand is generally bullish, except when inflows become extremely high.

We show investors how to use supply and demand indicators to make money. We offer five model portfolios in our weekly reports: three market timing models and two rotation models for sec

SUPPLY (FLOAT OF SHARES)

 

TrimTabs tracks the announced actions of companies in the stock market on a daily basis. Companies are among the biggest players in the stock market because they actively control the amount of shares available for investors to buy.

We provide daily coverage of corporate buying through cash takeovers and stock buybacks.

We provide daily coverage of corporate selling through new offerings—IPOs, follow-ons, secondaries, and convertibles—as well as insider selling.

DEMAND (Fund Flows and Sentiment)

 

TrimTabs tracks the actions of investors as well as sentiment indicators on a daily basis.

We offer comprehensive coverage of fund flows:

Daily coverage of the flows and returns of 4,000 U.S.-listed mutual funds.

Daily coverage of the flows and returns of all U.S.-listed exchange-traded funds.

Monthly coverage of the flows of saving vehicles.

Our mutual fund and exchange-traded fund data can be aggregated by sector and sub-sector.

We provide detailed coverage of margin debt, short interest, futures flows, and various sentiment indicators.

The TrimTabs Demand Index uses regression analysis of fund flow and sentiment variables for intermediate-term market timing. The index has had an outstanding track record since its launch in September 2008.

REAL TIME MACROECONOMICS

 

TrimTabs provides a comprehensive assessment of the U.S. economy's health.

We measure wage and salary growth and employment growth based on real-time income tax withholdings data from the U.S. Treasury.

We analyze a wide range of other leading economic indicators, including credit indicators, unemployment claims, surveys of manufacturers and purchasing managers, and housing indicators.

The TrimTabs Macroeconomic Index is a correlation weighted index of weekly leading economic indicators. It has done an excellent job identifying major economic inflection points.

REQUEST TRIAL SUBSCRIPTION

TrimTabs Investment Research, Inc. (TTIR) is not registered as an investment adviser with the Securities and Exchange Commission (SEC) or any state. It relies on the "publisher exclusion" from the definition of an investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state laws. TTIR provides bona fide research services and investment newsletters that are generally available for subscription by the public. It does not provide any personalized advice.

 

TRIMTABS LIQUIDITY THEORY

TrimTabs clients benefit from real-time analysis of equity market liquidity and macroeconomic trends:

 

Demand

We track the money moving into and out of the stock market by measuring the flows of mutual funds, exchange-traded funds, and hedge funds.

 

Supply

We measure changes in the float of shares by tracking corporate buying and corporate selling.

 

Macroeconomics

We provide a comprehensive assessment of the U.S. economy's health. We measure wage and salary growth and employment growth based on income tax withholdings, and we track a wide range of leading economic indicators.