The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

The Method

Short, medium, and long views

The same six lenses are weighed differently depending on how far ahead we're looking.

Not every signal matters at every horizon. Sentiment and price action say a lot about the next few weeks, but very little about the next five years. Fundamentals work the other way round — they decide where a stock ends up over years, but barely move the needle next month. So we produce three separate views of each company — a short-term, medium-term, and long-term read — with the lenses weighted appropriately for each. Then we blend the three into a single overall view that lines up with our typical holding period. Each view is also kept independent of the others, so we never count the same piece of news twice just because it shows up in two timeframes.

At a glance

Timeframes we scoreNext few weeks, next quarter or two, twelve months out
How we blend them40 % short + 40 % medium + 20 % long