U.S. Equity Markets
Weekly Liquidity Review
Every Sunday evening, Charles Biderman provides commentary on the previous week’s major liquidity events and updates his forecast of the short-term direction of the stock market. The research includes our latest measure of L1, which estimates the effect of corporate actions on the net change in equity stock outstanding.
Components of L1 include:
- Announced and Completed Cash takeovers
- Announced Stock Buybacks
- New Equity Offerings
- Net Insider Trading, based on Form 4 Data
The weekly review also includes summary data of our Fund Flow Research which surveys daily flows into mutual fund and ETF’s as well as highlights from our Macro Research which focuses on real time (daily) indicators of income and employment and a summary of major liquidity developments on the LSE, Euronext and Hong Kong exchanges. sample PDF >>
Overnight Liquidity Update
Charles Biderman analyses the previous day’s liquidity numbers, and how current liquidity events are likely to affect the market. The research is published Monday through Thursday overnight. sample PDF >>
Sector Liquidity Report
A bi-weekly report on liquidity trends in industry groups and sectors in the Russell 1000 and S&P 500. We aggregate actual and announced buybacks, new offerings, and announced mergers as well as dividends and shares outstanding on an industry and sector basis. Our proprietary Sector Liquidity database allows us to apply our key line liquidity measure L1 - the net change in trading float - to industry groups, sectors and individual stocks. Clients subscribing to the underlying database can apply portfolio-specified sectors or ticker groupings to see how their portfolio compares to the industries or sectors they invest in.
We provide our Actual Quarterly Liquidity Database (AQLDB) as a complement to the report. The AQL Database is a powerful excel-base tool which enables fast liquidity analysis of all Russell 1,000 components and Standard & Poor’s Industries.
sample PDF >>