FDS is in an accumulation phase with bullish technicals (higher highs/lows, above 200-day MA) and is considered a compelling long candidate.

All right. Second financial stock I wanted to highlight is Faxet Research Systems. This is ticker FDS. Back in my institutional investing days, I used Faxet pretty much every day.

This is where we analyzed our uh firm's portfolios. It's where we would break down portfolio attribution anal analysis. did a lot of screening in fact set. It's really a go-to investing platform for money managers, what we call buyside firms, money managers and analysts um that um uh that manage uh that manage capital for other investors.

Uh that's kind of the bread and butter for for faxet. It's actually a really good um you know sort of proxy for how asset managers are doing because when asset managers are growing and when they're adding to their teams those new members need Faxet and so that's often what creates some uh some upside for the stock here and they also do a lot of uh of data uh um sales as well.

So Faxet overall I would say similar to uh the chart of um uh Tyler Technologies has transitioned I think from a consolidation phase to an accumulation phase.

And if you look at the chart of FDS here in May into early June, we tested the 200 day. We pulled back. We finally broke above the 200 day. And from there, it's been lights out bullish, right?

Price making higher highs and higher lows. Price above upward sloping moving averages. Momentum strong but not excessive. Relative performance starting to do well.

So, I wanted to highlight FTS because I think when a lot of people think of the financial sector, you automatically think banks, maybe regional banks, um, asset managers, payment processors, but remember, and maybe insurance companies, but remember there's a lot of other little groups within financials, the market data names, the exchanges. These are some interesting charts here.

And I think FDS in particular, great chart until proven otherwise. I think FDS is a pretty uh pretty compelling one.