The scan is saying one thing: earnings yield vs bonds is dragging 7 of 10 names. Bonds yield more than these earnings. That's the bear case. Book range -22.1% to -14.0%, median conf 91. Not a thin sig

Bio-Techne Corporation ($TECH), Trimble Inc. ($TRMB), Realty Income Corporation ($O). $TECH is the purest print: earnings yield vs bonds, short interest, 60d vol all dragging. $TRMB has illiquidity actually pushing up. $O is different: short interest is the top drag, not earnings yield. Molson Coors Beverage Company ($TAP), Coinbase Global, Inc. ($COIN). $TAP and $COIN both get hit by earnings yield vs bonds and short interest. $TAP has illiquidity pushing up. $COIN has 60d volatility pushing up. That vol is the tell: crypto beta is a short here. Live Nation Entertainment, Inc. ($LYV), FirstEnergy Corp. ($FE), The Mosaic Company ($MOS). $LYV: earnings yield vs bonds and short interest drag, low vol drag too. $FE: same earnings yield theme, low vol. $MOS: short interest is the biggest drag, illiquidity up. Defensive utilities and materials in the same bucket is interesting. Pfizer Inc. ($PFE), General Mills, Inc. ($GIS). $PFE: earnings yield vs bonds is only -0.03, much smaller. 60d vol

Bio-Techne Corporation ($TECH), Trimble Inc. ($TRMB), Realty Income Corporation ($O). $TECH is the purest print: earnings yield vs bonds, short interest, 60d vol all dragging. $TRMB has illiquidity ac