January 2026 · DAA ConfirmedVGK · EWJ +4Europe 16.7% · Japan 16.7%
Risk-on
0 canary assets negative — 0% cash · GLD ranks first among risky assets
Why this signal
canary assets
VWO+0.16Selected
BND+0.03Positive
risky assets
SPY+0.13Selected
IWM+0.11Positive
QQQ+0.11Selected
VGK+0.30Selected
EWJ+0.19Selected
VWO+0.16Selected
VNQ-0.08Negative
GSG+0.01Positive
GLD+0.49Selected
TLT-0.07Negative
HYG+0.07Positive
LQD+0.02Positive
cash assets
SHY+0.04Positive
IEF+0.02Positive
LQD+0.02Positive
13612W momentum score · Keller & Keuning (2017)
Biggest moves this month
Largest gainSLVSilver+0.67#1 → #1 —
Largest dropEWZBrazil-0.42#3 → #14 ▼11