SPHQ Beats JQUA by 500 Basis Points Over 5 Years Despite Risks

The report indicates that the SPHQ fund has outperformed the JQUA fund by 500 basis points over the past five years, despite SPHQ being considered the riskier investment. This performance disparity highlights the impact of risk appetite on capital flows, as investors may be drawn to higher returns associated with riskier assets. The equities market, particularly in sectors associated with the SPHQ fund, is most exposed due to its focus on high-quality stocks that can deliver superior returns in a favorable economic environment. Traders will likely focus on upcoming earnings reports, which could influence investor sentiment and risk appetite further.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.