Global Markets · Systematic Analysis

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Strategy breakdowns, backtests, and chart-driven analysis for investors who think before they trade. No tips, no noise.

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↑ Latest Jun 20, 2026

Period 10 Review: SEZL Surges 23% to Give Quality Growth Its Best Period as Piotroski Suffers Its Worst

Ten periods in, a flat market exposes pure factor divergence. Quality Growth leads at +4.50% as SEZL surges +23% for a second consecutive outsized gain and DAVE adds +9.65%. CANSLIM gains +2.90% as Micron rises +15.5% and the semiconductor theme extends. Piotroski records its worst period at −5.25% as GLOB collapses −18% and both Period 9 new entrants immediately implode.

+4.50% Best screen
Jun 13
2026

Period 9 Review: All Seven Screens Positive for the First Time as Quality Growth and Magic Formula Lead the Recovery

Nine periods in, the journal's first all-green sweep. Quality Growth leads at +3.39% on SEZL +14.4% and DAVE +11.1%. Magic Formula rebounds +2.95% as precious metals reverse their Period 8 collapse. CANSLIM holds positive at +0.72% as LRCX surges +20.9% and SMCI collapses −26.9%.

+3.39% Best screen
Jun 6
2026

Period 8 Review: All Seven Screens Red as Precious Metals Collapse and Broadcom Reverses

Second all-red period as precious metals collapse hits three screens at once. PAAS falls 16.5%, Broadcom slides 13.7%, FICO gives back recent gains. Value screens hold better than the NASDAQ's worst single period at −4.68%.

-1.13% Best screen
May 31
2026

Period 7 Review: Micron and SMCI Each Surge 30% in a Week, Sending CANSLIM to a New High

Five screens positive as semiconductor earnings dominate. MU and SMCI each surge ~30% in a week, driving CANSLIM to its best single-period return at +4.84% and a new cumulative high of +14.30%.

+4.84% Best screen
May 23
2026

Period 6 Review: Quality Rebounds to Its Best Period as FUTU Erases Lunch's Season Lead

Four screens positive after an all-red Period 5. Quality Growth posts its best single-period return at +2.98% on a FICO surge, while FUTU's −33% collapse wipes out Lunch's entire cumulative gain.

+2.98% Best screen
May 18
2026

Strategy 4 Has Great Taste — and a Guest List of 68

S4 has great bones — quality, growth, balance sheet discipline. It also has 68 stocks. Here is the one variable, at the right threshold, that turns it into a portfolio.

8 min Read time
May 17
2026

Period 5 Review: The First All-Red Week, and CANSLIM Slips Behind the S&P 500

Seven days, zero screens positive, and the first time CANSLIM has trailed the S&P 500 cumulatively. A flat market week that exposed idiosyncratic risk across every strategy.

-0.41% Best screen
May 10
2026

Period 4 Review: Role Reversals, Heavy Turnover, and CANSLIM's Growing Lead

Eight days, six of seven screens positive, and the most dramatic single-period swing yet — Magic Formula bounces back while Piotroski stumbles. Four periods in.

+4.59% Best screen
May 2
2026

Period 3 Review: A Rising Market and the Point Where Every Screen Lags

Five more days, a market that keeps climbing, and the point at which every systematic screen now trails the S&P 500 cumulatively. Three periods in.

+1.18% Best screen
Apr 27
2026

Period 2 Review: Five Days, a Rebound, and the Signal in Stability

Five trading days, a market rebound, and what the screens reveal about strategy stability and short-term noise.

+2.26% Best screen
Apr 22
2026

Period 1 Review: How 7 Screens Fared compared to the Market

How 7 systematic stock screens performed across 43 days of a declining market. Retention rates, portfolio returns, and early lessons.

+6.2% Best screen
Apr 20
2026

The Stock Market as a Wealth Vehicle — and Why Most People Use It Wrong

Why equities are the most powerful wealth-building tool available to individual investors, what the risks actually are, and how systematic thinking changes your odds.

10 min Read time

What is Signal to Alpha?

Most financial content is noise — opinions dressed as analysis. Signal to Alpha is different. Every post starts with data, builds a testable hypothesis, and shows the full picture including when strategies fail. Written by an engineer who treats markets as systems.