KO

April 2025 · DAA ConfirmedGSG · VGK +4Commodities 16.7% · Europe 16.7%

Risk-on

0 canary assets negative — 0% cash · GLD ranks first among risky assets

See this month's signal

Why this signal

Period
Currency
Sort

canary assets

VWO+0.08Selected
BND+0.04Positive

risky assets

SPY-0.20Negative
IWM-0.36Negative
QQQ-0.31Negative
VGK+0.14Selected
EWJ+0.01Selected
VWO+0.08Selected
VNQ-0.05Negative
GSG+0.17Selected
GLD+0.67Selected
TLT-0.01Negative
HYG+0.00Positive
LQD+0.01Selected

cash assets

SHY+0.05Positive
IEF+0.05Positive
LQD+0.01Selected

13612W momentum score · Keller & Keuning (2017)

Biggest moves this month

Largest gainEWZBrazil+0.58#36 → #6 ▲30
Largest dropMCHIChina-0.38#1 → #3 ▼2