SPHQ Beats JQUA by 500 Basis Points Over Five Years

The report indicates that the SPHQ fund outperformed the JQUA fund by 500 basis points over a five-year period, despite SPHQ being considered the riskier investment. This performance differential highlights a potential shift in risk appetite among investors, favoring higher-risk assets that offer greater returns. As a result, equities, particularly those in sectors associated with SPHQ's strategy, may see increased capital flows as traders seek higher yields. Market participants will likely focus on upcoming earnings reports to gauge the sustainability of this outperformance and the overall health of the equity market.

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.