July 2025 · DAA ConfirmedVWO · VGK +4Emerging Markets 16.7% · Europe 16.7%
Risk-on
0 canary assets negative — 0% cash · QQQ ranks first among risky assets
Why this signal
canary assets
VWO+0.37Selected
BND+0.09Positive
risky assets
SPY+0.33Selected
IWM+0.26Selected
QQQ+0.45Selected
VGK+0.37Selected
EWJ+0.26Positive
VWO+0.37Selected
VNQ+0.05Positive
GSG+0.10Positive
GLD+0.30Selected
TLT+0.07Positive
HYG+0.14Positive
LQD+0.12Positive
cash assets
SHY+0.06Positive
IEF+0.10Positive
LQD+0.12Positive
13612W momentum score · Keller & Keuning (2017)
Biggest moves this month
Largest gainEWYSouth Korea+0.73#8 → #1 ▲7
Largest dropEIDOIndonesia-0.47#6 → #39 ▼33