Quick note - and the only one I'll send like this.
The Lead-Lag Report has two paid options:
Monthly: $39/month - which is $468/year if you stay on it.
Annual: $320/year - a flat $148 less than the monthly plan annualized.
If you've been reading the free version, you already know the framework. The intermarket signals - lumber/gold, copper/gold, utilities relative strength, high yield versus treasuries - have been doing real work in real markets. The composite called the September 2025 rotation, the November re-risk, the January broadening rally, and the March 2026 volatility event before consensus. 1,694 published reports. Five Dow Awards.
If you're already a paid monthly subscriber: switching to annual saves you $148 a year. That's not a discount I'm running - that's just the math. Go to https://leadlagreport.substack.com/account and pick annual. Substack prorates automatically.
If you're a free reader and the framework has been useful: $320 for a year is $26.67 per month. That's less than one bad sector decision and you'll have the full signal dashboard, the Leaders and Laggards analysis, the High Yield Spotlight, and the macro observations every week for 52 weeks.
Subscribe annual: https://leadlagreport.substack.com/subscribe
I'll be back to the regular Weekly Signals on Monday.
- Michael
Michael A. Gayed, CFA

