Sponsored
How a daily 0DTE covered call strategy on SPY turns a divided Fed, a compressed VIX, and a sticky-inflation regime into monthly income potential.
Macro Observations
The buildout is being financed with debt rather than cash flow, which converts index concentration into a shared credit exposure.
Macro Observations
Every gauge a portfolio owns reads calm. The exposure that already did the damage is not one of the things they measure.
Macro Observations
A 162 basis point gap between the 30-year and the funds rate is not a forecast. It is an instruction.
Webinar
Rescheduled from yesterday to today at 12:00 PM ET. Washington has taken majority control of more than 65 billion barrels of Venezuelan reserves, and this session was built on that thesis before the news broke.
Macro Observations
The most rate-sensitive corner of the real economy is in a relative bear market while the S&P prints records.
Webinar
Hervé Van Caloen of Mercator Investment Management on the post-Maduro window, the Chevron licensing precedent, and the Argentina comparison. Live at noon, CE credit approved.
Webinar
The Evoke Advisors risk parity primer moved to today at 3:00 PM ET. Registration is open and existing links still work.
Webinar
The Teucrium agriculture webinar with Jake Hanley moved to today, Friday August 14 at 12:00 PM ET. Same Zoom link. Free 1 hour CFP CE credit approved.
Webinar
Agriculture ETFs are 0.01 percent of all ETF AUM. Yesterday's WASDE cut US wheat stocks 22 percent YoY. Live today at 2 PM ET with Jake Hanley of Teucrium. CFP CE credit included.
Sponsored
Today's Lead-Lag Report post is sponsored by Hedgia Launching a hedge fund used to cost $50,000. Now it is $89 a month. The $50,000 setup and the $1,000 a month in admin fees kept good managers from launching their own funds. Hedgia deleted both.
Weekly
SPY +2.0% to $773. XLU 4W ROC -8.58% (Framework Check broken week 3). XLE Notable +1.02σ week 4 confirmed. GLD flips back to Leader. Rotation broadens but stays narrow. Run #26: 5 of 6 forward calls correct.