|
|
⚠ Data quality: DEGRADED
market_pulse — SPX analytics stamps composition close 7591.7 (Thu) vs live Fri FMP 7656.98 (−1.96% from ATH 7810). FRED tiles are single-observation (no delta_bp); VIXCLS 17.84 is Thu. DTWEXBGS is weekly 2026-08-28. CL=F yahoo 100.05 matches Newsquawk WTI settle.
yesterday_retrospective — GET /movers?index=SPX still broken (MRNA −100%, DELL prev 456 vs live 506.62) — movers[] omitted. Sector SPDR /price hist ends Sep 8; Friday XLK/XLE/XLI from Benzinga/Traders Agency. Asia/EU index hist gaps filled with Yonhap/The Edge/Stooq/Kiplinger.
us_equity_ideas — 13F/congress empty for DELL; Silver Lake Form 4 sells scored sentiment_flow. Paid /price circuit_open — used history + web Fri close 567.29.
eu_equity_ideas — eu_fundamentals_gap — BP.L aggregator fundamentals empty; /news empty. Last hist 565.10p on Sep 10 (no Sep 11 LSE print).
penny_plays — screener unavailable or empty for category=penny — fell back to web search; penny universe may not be seeded yet. No name cleared ≥6/10. Did not recycle BFRI/OTLK or PYPD.
forex_rebalancing — squawk-alert feed unavailable — fell back to central-bank web search for same-day FX events. FX pair hist stale through 2026-08-29. EURUSD 1.1602 from Yahoo live.
commodities_outlook — BNO/CPER /price hist still ends Sep 10; Friday WTI 100.05 / Brent 104.61 from Newsquawk. COT/positioning empty. Book already loaded — HOLD/REDUCE/WATCH, no new BUY.
crypto_landscape — Spot ETF flow is a Sep 11 SoSoValue print (−$13.29M BTC / +$216M ETH). No L2Beat/stablecoin supply number this run.
trend_follow — Universe still <200 closes — sma200 null, 200-day test fails, zero BUY. XLE/XLV/XLB last ETF prints mostly Sep 8. SMH 568.53 ≤ sma50 577.32 and XBI 156.20 ≤ sma50 157.33 — EXIT remains live.
risk_cover_playbook — Put/call omitted (no options-flow endpoint). MOVE/VIX9D/VIX3M spots have no fresh Friday tradeDate. Stock-bond 20d corr uses aligned hist through Sep 8.
portfolio_reality_check — Euro-only/Penny Plays/Commodities/Crypto/Anti-Fragile/Trend Follow books all_prices_estimated. INTC −76% is a cost-basis outlier — ignored for stop-loss. Only published post-reset 30d picks at ≤ −8% trigger a stop.
portfolio_reality_check — BP.L first ticket used GBP against an EUR-cash Euro book (HTTP 400). Retried in EUR at 2% of cash (~62.04 shares, 565.10p ≈ €6.55) and accepted PENDING. CSCO recovered to -7.41% so no new stop.
|
|
THE BOTTOM LINE
|
RISK-ON
SPX 7657 +0.86% and VIX 15.84 on oil at $100, but 10s 4.97% and 86% hike odds keep a mixed tape into Wednesday’s FOMC.
Today's Top Picks
|
Biggest Risk
September FOMC hike re-prices and sticks (funds ≥3.75–4.00%)
Probability: High • Impact: High
|
|
Portfolio Snapshot
All Portfolios, Combined: $718120.46
Blended P&L: +3.18% • 30d Hit Rate: +69.90%
|
|
|
|
YESTERDAY'S MARKET RETROSPECTIVE
Friday snapped the four-day slide: SPX 7656.98 +0.86% after August CPI printed +0.4% m/m / +3.4% y/y and WTI settled $100.05, even as hike odds jumped to ~86%.
How Yesterday Unfolded
Asia
Asia sold first on the overnight yield/oil hangover: Nikkei 64011.34 −1.93%, Hang Seng 24805.63 −0.60%, Shanghai 3888.11 −1.18%, KOSPI 6909.91 −1.76%.
Europe
Europe opened the repair: DAX 25568.56 +0.82% vs Thu, FTSE 10650.44 +0.39% vs Thu 10608.92, after the US CPI print and a softer oil tape.
US
US closed the sequence: SPX 7656.98 +0.86%, Nasdaq 26333 +0.96%, Dow 52573 +0.98% as WTI fell to $100.05 and Dell jumped on the RBC initiation.
Capital Rotation
Energy (XLE) → Technology / Industrials (XLK/XLI)
· Benzinga Fri: XLI +1.51%, XLK +1.39%; XLE −0.79% as WTI settled $100.05 (−$2.43).
Oil’s first down day after the $100 squeeze flipped the four-day inflation-tax trade back into duration-sensitive cyclicals.
Long-duration fear / cash → Equities
· VIX 15.84 from 17.84; SPX +0.86% after four down days; 10s still 4.97%.
CPI matched the headline, so the oil drop mattered more than the 86% hike-odds jump for one session.
Key Drivers
August CPI +0.4% m/m, +3.4% y/y; core +0.3% / +2.4%
— Gasoline +3.9% m/m and +27.4% y/y did the headline work; core y/y eased to 2.4% but the monthly core was a tenth hot.
WTI settles $100.05, Brent $104.61
— Crude’s first real down day of the week on Gulf-Iran shipping-talk headlines; both contracts still ~+8% on the week.
FedWatch hike odds ~86% for Sep 15–16
— CME odds jumped from ~71% Thu to ~86% Fri; stocks rallied anyway because oil, not the print, was the equity catalyst.
Bridge to Today
Wednesday’s FOMC (Sep 16) is the next tape-breaker — Friday’s oil-relief bid dies if Hormuz talks fail or Warsh delivers more than the 25 bp already priced.
|
|
COMMODITIES OUTLOOK
WTI settled $100.05 (−2.4) and Brent $104.61; HOLD BNO, REDUCE CPER on the tariff delay, WATCH CORN after WASDE cut the yield to 178.5.
Oil still >$100 on the week while copper’s tariff-delay fade and a neutral-to-tighter corn WASDE are not one regime. HY OAS 2.70 has not blown — this is an…
| Ticker |
Name |
Conviction |
1d |
| BNO |
Brent crude (BNO) |
7.1 |
+6.42% |
| CPER |
Copper (CPER) |
5.9 |
-3.77% |
| CORN |
Corn (CORN) |
6.3 |
-0.45% |
|
Brent crude (BNO)
ENERGY HOLD 🔥 2-issue streak
BNO
7.1/10
Conviction
|
$63.13
▲ +6.42%
|
Hold the existing Brent proxy: Friday’s −$3 settle still leaves Brent $104.61 and a ~8% week; do not chase a second energy add into FOMC.
Brent $104.61 / WTI $100.05 still the physNo COT/positioning feed — sentiment_flow nFriday −$3 on Gulf talks; week still ~+8%.Hormuz premium faded one day, not the weekLast BNO 63.13 Sep 10; Friday oil broke th
| Fundamentals |
|
7.5/10 |
| Sentiment / flow |
|
— |
| Catalyst |
|
7/10 |
| Narrative |
|
7.5/10 |
| Technicals |
|
6.5/10 |
Newsquawk: WTI 100.05 / Brent 104.61 on Sep 11 BNO last hist 63.13 on Sep 10 (stale vs Friday oil drop) FOMC 2026-09-16 is the next oil-to-rates test
Invalidation: Brent sustains a close back below $90 with Hormuz flows normalizing.
| |
|
Copper (CPER)
INDUSTRIAL METAL REDUCE 🔥 4-issue streak
CPER
5.9/10
Conviction
|
$39.04
▼ -3.77%
|
Keep reducing the copper proxy: the refined-tariff delay and record COMEX stocks are still the squeeze-killer; no add into FOMC.
COMEX stocks at records; tariff delay easeNo COT/positioning feed — sentiment_flow nReuters tariff-delay headline still the liSqueeze thesis broke; growth bid is not goSep 10 −3.8% off the week’s high.
| Fundamentals |
|
5.5/10 |
| Sentiment / flow |
|
— |
| Catalyst |
|
7/10 |
| Narrative |
|
6/10 |
| Technicals |
|
5/10 |
CPER 39.04 −3.77% on Sep 10 after the tariff-delay headline ICA: LME copper off the $14,875/t high to ~$14,312/t
Invalidation: A dated Section 232 refined-copper tariff decision that re-tightens the COMEX premium.
| |
|
Corn (CORN)
AGRICULTURE WATCH
CORN
6.3/10
Conviction
|
$19.92
▼ -0.45%
|
Watch, don’t buy: WASDE cut the 2026 yield to 178.5 and carryout to 1.567bn, but stocks printed above consensus — not a chase.
Yield 178.5 and carryout 1.567bn — tighterNo COT/positioning feed — sentiment_flow nWASDE Sep 11 is the dated ag print.ADM: neutral for corn vs pre-report.CORN 19.92 −0.45% on the print.
| Fundamentals |
|
6.5/10 |
| Sentiment / flow |
|
— |
| Catalyst |
|
7.5/10 |
| Narrative |
|
6/10 |
| Technicals |
|
5/10 |
USDA WASDE Sep 11: corn yield 178.5, production 15.800bn bu 2026/27 carryout 1.567bn vs August 1.653bn; farm price $4.80
Invalidation: Carryout revised back above 1.80bn or CORN loses $19 on a weekly close.
| | |
Desk research framework — not a recommendation to buy or sell.
|
|
MARKET PULSE
Mixed tape |
UST 3y
4.63
|
UST 10y
4.95
|
UST 30y
5.37
|
Eff. fed funds
3.63
|
USD broad
118.7479
|
VIX (FRED Thu)
17.84
|
HY OAS
2.7
|
Live SPX 7657 +0.86% and VIX 15.84 vs FRED 10y 4.95 (Thu), DFF 3.63, weekly USD 118.75 (Aug 28), HY 2.70 — equities bid on oil’s drop, yields still tight.
SPX 7657 +0.86% sits −1.96% from the ATH while VIX 15.84 and 10s 4.97% leave a mixed tape into Wednesday’s FOMC — analytics breadth is still a Thursday 67% above SMA200.
|
|
CONCEPT OF THE DAY
|
What the FOMC dot plot actually shows
Why today: Wednesday’s Sep 15–16 meeting is a starred SEP meeting — the first new dot plot after Friday’s CPI and 86% hike odds.
The FOMC dot plot is the scatter of each voter’s projected federal-funds rate at the end of this year, next year, and the longer run. It is not a committee forecast and not a promise. Each dot is one participant’s written projection in the Summary of Economic Projections, published at the four quarterly meetings. The median dot is the number markets quote; the scatter is the disagreement. A tight cluster near the current target means the path is consensus. A wide fan means the next hike or skip is still an argument, not a plan. Read the dots against the statement and the chair’s press conference — a hawkish median with a dovish presser is a different trade than the reverse. When this newsletter cites hike odds into a starred meeting, the live question is whether the new median dot confirms the 25 bp already priced or opens a second move.
|
|
|
US EQUITY IDEAS
| Ticker |
Name |
Conviction |
1d |
| DELL |
Dell Technologies |
6.2 |
+11.98% |
|
DELL
GROWTH BUY
Dell Technologies • Information Technology
6.2/10
Conviction
|
$567.29
▲ +11.98%
|
Over the next 2–4 weeks expect the $95bn AI-server backlog to keep RBC’s $640 path live if memory stays tight; Friday’s +12% is the initiation print, not the thesis.
RBC $640+12% Fri$95bn backlogSL sells
| Fundamentals |
|
6.5/10 |
| Sentiment / flow |
|
3/10 |
| Catalyst |
|
8.5/10 |
| Narrative |
|
7.5/10 |
| Technicals |
|
5.5/10 |
RBC initiated Outperform with a $640 PT (David Paige, Sep 11) Fri close $567.29 +11.98% on 14.5M shares $95bn AI-server backlog; FY sales guide $192bn
Invalidation: Weekly close back below $506 or RBC pulls the $640 target.
|
Desk research framework — not a recommendation to buy or sell.
|
|
EU EQUITY IDEAS
| Ticker |
Name |
Conviction |
1d |
| BP.L |
BP p.l.c. |
6.5 |
+1.44% |
|
BP.L
VALUE BUY
BP p.l.c. • Energy
6.5/10
Conviction
|
$565.10
▲ +1.44%
|
Over the next month expect GS’s 700p target to keep a bid in BP while Brent holds the $100 weekly sleeve; Friday’s oil fade is a dip, not the exit.
GS 700pBrent $105Price Sep 10
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
7.5/10 |
| Narrative |
|
7/10 |
| Technicals |
|
5/10 |
Goldman Sachs raised BP PT 660p → 700p, kept Buy (Sep 11) Michele della Vigna marked higher oil/gas/refining margins Brent settled $104.61; still ~+8% on the week
Invalidation: Brent sustains a weekly close back below $90.
|
Desk research framework — not a recommendation to buy or sell.
|
|
PENNY PLAYS
Most sub-$5 names that look cheap stay cheap or go to zero. This screen is diligence, not a buy list.
Desk research framework — not a recommendation to buy or sell.
|
|
FOREX REBALANCING RADAR
Base currency: EUR
Suggested rebalancing actions
INCREASE USD vs EUR — Hike odds ~86% and 10s 4.97% still pay vs ECB 2.50% into Wednesday’s decision.
|
|
TOP 5 RISKS RIGHT NOW
Watch: FOMC decision 2026-09-16
|
|
CRASH / BEAR-MARKET COVER PLAYBOOK
Regime: RISK-ON
| VIX |
15.84 / 25 |
Not Triggered
|
| 10Y-2Y spread |
0.33 / -0.2 |
Not Triggered
|
| HY OAS |
2.7 / 5 |
Not Triggered
|
| SPX drawdown from ATH |
-1.96 / -10 |
Not Triggered
|
If triggered today — do this now
• Trim high-beta software vs the energy sleeve already on the commodities book
• Add the SH 10% crash overlay only if VIX >25 and a second trigger fires
• Do not buy TLT — inflationary_boom still wants long duration at zero
Hedge instruments: GLD, TLT, SH, VIXY
• Target cash: 35%
0/4 hard triggers fired; ~3 of 12 internals (stock-bond +0.46, gold/copper 10.15, VIX9D/VIX stale ~0.99) are watch. Gave stays inflationary_boom: CPI 3.4% and oil still $100 on the week, copper’s drop is a tariff headline, HY 2.70 asleep. Same book — HOLD the four live sleeves.
Anti-Fragile book (Dalio / Gave)
Gave quadrant:
Inflationary boom
Friday’s oil dip to $100.05 does not flip the week: Brent is still ~$105 and CPI held 3.4% y/y. Copper’s fade is a…
| Sleeve |
Ticker |
Target |
Action |
| Gold |
GLD |
25% |
Hold |
| Long bonds |
TLT |
0% |
Exit |
| Intermediate bonds |
IEF |
10% |
Hold |
| Commodities |
DBC |
20% |
Hold |
| Defensive equity |
SPLV |
10% |
Hold |
| Crash hedge |
SH |
0% |
Exit |
| Cash |
— |
35% |
Hold |
|
|
CRYPTOCURRENCY LANDSCAPE
BTC ETFs leaked another $13.3M on Sep 11 (fourth day) while ETH ETFs took in $216M led by ETHA — HOLD both existing lots; no third asset cleared the bar.
| Ticker |
Name |
Conviction |
1d |
| BTC-USD |
Bitcoin |
5.8 |
-0.03% |
| ETH-USD |
Ethereum |
7 |
+2.15% |
|
BTC-USD
HOLD 🔥 10-issue streak
Bitcoin
5.8/10
Conviction
|
$77226.00
▼ -0.03%
|
Hold the existing lot into FOMC: the BTC-ETF bleed slowed to −$13.3M, not a new buy after the −$450M three-day wash.
On-chain / supply not scored this run.ETF outflow slowed to −$13.3M, still 4 dayFOMC Sep 16 is the dated next test.Wrapper AUM $97.6B still the structural bi77226, flat vs Fri 77245, off the 80k high
| Fundamentals |
|
— |
| Sentiment / flow |
|
5/10 |
| Catalyst |
|
6/10 |
| Narrative |
|
6.5/10 |
| Technicals |
|
5.5/10 |
SoSoValue Sep 11 BTC ETF −$13.29M (4th day) FOMC 2026-09-16 is the next flow test
Invalidation: Weekly close back below $70k.
| |
|
ETH-USD
HOLD 🔥 9-issue streak
Ethereum
7/10
Conviction
|
$2519.05
▲ +2.15%
|
Hold the existing ETH lot: the $216M ETF print is the fresh flow, not a Saturday chase after a 78195-style BTC fill error last week.
On-chain / L2 TVL not scored this run.Sep 11 ETH ETF +$216M is the flow print.BlackRock ETHA +$149M is dated.Institutional rotation BTC→ETH, not de-ris2519 +2.15% on the inflow day.
| Fundamentals |
|
— |
| Sentiment / flow |
|
7.5/10 |
| Catalyst |
|
7/10 |
| Narrative |
|
7/10 |
| Technicals |
|
6.5/10 |
Spot ETH ETFs +$216.41M on Sep 11, ETHA +$149M ETH 2519 +2.2% vs BTC flat
Invalidation: ETF prints flip back to −$100M+ for two sessions.
| |
Desk research framework — not a recommendation to buy or sell.
|
|
TREND FOLLOW
Still <200 closes so sma200 is null and there is no BUY; SMH 568.53 ≤ sma50 577.32 and XBI 156.20 ≤ sma50 157.33 stay EXIT. HOLD XLE/XLV/XLB.
6 of 18 universe names are above their 50-day on available history — a narrower tape, and none clear the 200-day test.
| Ticker |
Name |
Conviction |
1d |
| SMH |
VanEck Semiconductor ETF |
6.5 |
-0.91% |
| XBI |
SPDR S&P Biotech ETF |
6.3 |
-3.54% |
| XLE |
Energy Select Sector SPDR |
7 |
+0.32% |
| XLV |
Health Care Select Sector SPDR |
5.8 |
-2.52% |
| XLB |
Materials Select Sector SPDR |
5.8 |
-0.95% |
|
SMH
INFORMATION TECHNOLOGY EXIT 🔥 27-issue streak
VanEck Semiconductor ETF
6.5/10
Conviction
|
$568.53
▼ -0.91%
|
Exit the residual lot: Friday 568.53 is still through the 50-day (~577); the rule does not wait on FOMC.
Rules-based momentum sleeve — factor not sRules-based momentum sleeve — factor not sSemis mixed Friday; rule is the 50-day.Rules-based momentum sleeve — factor not sClose 568.53 ≤ sma50 577.32 — hard EXIT.
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
6/10 |
| Narrative |
|
— |
| Technicals |
|
7/10 |
Fri close 568.53 ≤ sma50 577.32 Oracle fade vs Dell spike is not a 50-day reclaim
Invalidation: Daily close back above the 50-day (~$577).
| |
|
XBI
HEALTH CARE EXIT 🔥 26-issue streak
SPDR S&P Biotech ETF
6.3/10
Conviction
|
$156.20
▼ -3.54%
|
Exit the held lot: Friday 156.20 lost the 50-day (~157.33); biotech RS is not a stay-long override.
Rules-based momentum sleeve — factor not sRules-based momentum sleeve — factor not sNo dated biotech print; the tape broke theRules-based momentum sleeve — factor not sClose 156.20 ≤ sma50 157.33 — hard EXIT.
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
5.5/10 |
| Narrative |
|
— |
| Technicals |
|
7/10 |
Fri close 156.20 ≤ sma50 157.33 XLV still above its 50-day — this is a sleeve break, not all health
Invalidation: Daily close back above the 50-day (~$157.33).
| |
|
XLE
ENERGY HOLD 🔥 27-issue streak
Energy Select Sector SPDR
7/10
Conviction
|
$65.14
▲ +0.32%
|
Hold the energy sleeve while it stays above the 50-day; Friday’s oil dip is not an SMA break on the Sep 8 hist or the $65.14 web print.
Rules-based momentum sleeve — factor not sRules-based momentum sleeve — factor not sWTI still $100 on the week.Rules-based momentum sleeve — factor not sPrice > sma50 by ~10%; sma200 still null.
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
6.5/10 |
| Narrative |
|
— |
| Technicals |
|
7.5/10 |
Web Fri XLE $65.14 +0.32% vs WTI $100.05 vs_sma50 still ~+10% on the available hist
Invalidation: Daily close back through the 50-day (~$58.55).
| |
|
XLV
HEALTH CARE HOLD 🔥 26-issue streak
Health Care Select Sector SPDR
5.8/10
Conviction
|
$167.13
▼ -2.52%
|
Hold XLV while it stays above the 50-day; last print 167.13 is Sep 8, so this is a stay, not a fresh add.
Rules-based momentum sleeve — factor not sRules-based momentum sleeve — factor not sNo dated health-care print; rule is the 50Rules-based momentum sleeve — factor not s167.13 > 163.38 on Sep 8 hist — thin.
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
5.5/10 |
| Narrative |
|
— |
| Technicals |
|
6/10 |
Last hist 167.13 > sma50 163.38 XBI already lost the 50-day — keep the broad sleeve only
Invalidation: Daily close back through the 50-day (~$163.38).
| |
|
XLB
MATERIALS HOLD 🔥 26-issue streak
Materials Select Sector SPDR
5.8/10
Conviction
|
$51.94
▼ -0.95%
|
Hold the stub above a flat 50-day; copper’s tariff fade is why this is not a BUY even with RS vs SPY.
Rules-based momentum sleeve — factor not sRules-based momentum sleeve — factor not sCopper tariff delay is the live materials Rules-based momentum sleeve — factor not sBarely above sma50; sma200 null.
| Fundamentals |
|
— |
| Sentiment / flow |
|
— |
| Catalyst |
|
6/10 |
| Narrative |
|
— |
| Technicals |
|
5.5/10 |
Last hist 51.94 > sma50 51.70 sma200 still null so the entry rule fails
Invalidation: Daily close back through the 50-day (~$51.70).
| | |
Desk research framework — not a recommendation to buy or sell.
|
|
WHAT'S COMING UP
| 2026-09-14 |
Iran–Gulf ministers meeting (oil/Hormuz)
· risk_top5
|
| 2026-09-15 |
FOMC day 1 (Sep 15–16 meeting)
· risk_top5
|
| 2026-09-16 |
FOMC decision + SEP / dot plot
· risk_top5
|
| 2026-10-14 |
September CPI release
· risk_top5
|
|
|
PORTFOLIO REALITY CHECK
|
Tech US
Performance
|
Total Value
$101998.36
|
Cash
$12233.79
|
P&L
$1998.36 (+2.00%)
|
Realized P&L
$-3181.65
|
|
TWR
+1.79%
|
Sharpe
0.38
|
Max DD
-2.39%
|
|
Sortino
0.97
|
Calmar
5.21
|
Ann. return
+12.47%
|
Beta vs SPY
N/A
|
|
Allocation
|
Current Holdings
+42 more holdings
| Track Record |
21 On Track · 18 Lagging · 6 Stopped Out |
|
|
Euro-only
Performance
|
Total Value
$121086.29
|
Cash
$20335.28
|
P&L
$21086.29 (+21.09%)
|
Realized P&L
$-42835.98
|
|
TWR
+21.09%
|
Sharpe
1.47
|
Max DD
-15.84%
|
|
Sortino
3.12
|
Calmar
16.18
|
Ann. return
+256.31%
|
Beta vs SPY
N/A
|
|
Allocation
|
Current Holdings
⚠ Live EU quotes degraded today — every position below is priced at cost, not a fresh quote.
+34 more holdings
| Track Record |
38 On Track · 1 Lagging |
|
|
Penny Plays
Performance
|
Total Value
$95417.43
|
Cash
$81164.16
|
P&L
$-4582.57 (-4.58%)
|
Realized P&L
$-4582.57
|
|
TWR
-4.58%
|
Sharpe
-2.83
|
Max DD
-4.58%
|
|
Sortino
-2.81
|
Calmar
-5.84
|
Ann. return
-26.77%
|
Beta vs SPY
N/A
|
|
Allocation
|
Today's Moves
No new activity today — no open thesis needed adjusting.
Current Holdings
⚠ Live penny quotes degraded today — every position below is priced at cost, not a fresh quote.
|
|
Commodities
Performance
|
Total Value
$100000.00
|
Cash
$28966.37
|
P&L
$0.0000 (+0.00%)
|
Realized P&L
$0.0000
|
|
TWR
+0.00%
|
Sharpe
N/A
|
Max DD
+0.00%
|
|
Sortino
-15.87
|
Calmar
N/A
|
Ann. return
+0.00%
|
Beta vs SPY
N/A
|
|
Allocation
|
Today's Moves
No new activity today — no open thesis needed adjusting.
Current Holdings
⚠ Live commodity-ETF quotes degraded today — every position below is priced at cost, not a fresh quote.
+11 more holdings
| Track Record |
15 On Track · 4 Lagging |
|
|
Crypto
Performance
|
Total Value
$100000.00
|
Cash
$32370.73
|
P&L
$0.0000 (+0.00%)
|
Realized P&L
$0.0000
|
|
TWR
+0.00%
|
Sharpe
N/A
|
Max DD
+0.00%
|
|
Sortino
-15.87
|
Calmar
N/A
|
Ann. return
+0.00%
|
Beta vs SPY
N/A
|
|
Allocation
|
Today's Moves
No new activity today — no open thesis needed adjusting.
Current Holdings
⚠ Live crypto quotes degraded today — every position below is priced at cost, not a fresh quote.
| Track Record |
3 On Track · 3 Lagging |
|
|
Anti-Fragile
Performance
|
Total Value
$100000.00
|
Cash
$35000.00
|
P&L
$0.0000 (+0.00%)
|
Realized P&L
$0.0000
|
|
TWR
+0.00%
|
Sharpe
N/A
|
Max DD
+0.00%
|
|
Sortino
-15.87
|
Calmar
N/A
|
Ann. return
+0.00%
|
Beta vs SPY
N/A
|
|
Allocation
|
Today's Moves
No new activity today — no open thesis needed adjusting.
Current Holdings
⚠ Live Anti-Fragile quotes degraded today — every position below is priced at cost, not a fresh quote.
|
|
Trend Follow
Performance
|
Total Value
$99618.38
|
Cash
$75717.93
|
P&L
$-381.62 (-0.38%)
|
Realized P&L
$-381.62
|
|
TWR
-0.38%
|
Sharpe
-10.88
|
Max DD
-0.38%
|
|
Sortino
-9.03
|
Calmar
-6.57
|
Ann. return
-2.51%
|
Beta vs SPY
N/A
|
|
Allocation
|
Current Holdings
⚠ Live Trend Follow quotes degraded today — every position below is priced at cost, not a fresh quote.
| Track Record |
5 On Track · 5 Lagging |
|
30-day hit rate across all portfolios: +69.90%
|
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This newsletter is provided for informational purposes only and does not constitute investment advice. Do your own research before investing.
Morning Alpha • Generated Sat, 12 Sep 2026 07:11:43 GMT • info@gmc-works.com
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