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📊 Daily ETF Overview 

All year long, we’ve been pounding the table on international markets.
2025 was the first time in many years that it finally made sense for investors to maintain meaningful exposure outside the United States.

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Today's number is... 0.09

The St. Louis Fed Financial Stress Index has risen above the zero line, increasing to 0.09.

Here’s the chart:

 

Let's break down what the chart shows:

  • The...
The Daily Number
Grant

In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Rolled XRT position to June.
  3. No exits since the last report.
  4. Current status of open campaigns....
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Welcome to the 2nd earnings season of 2025!

We're only 10 calendar days into Q2, but so far, there have been a ton of fireworks.

From Trump's "Obliteration Day," last week, to his pivot yesterday, we know one thing's certain...

There...

Daily Beat
📊 Daily ETF Overview 

It's an incredibly fast moving market out there.

The S&P 500 just recorded its third best day on record - it's best since 2008!

 

In these markets, correlations spike to 1. In other words...

ETF Power Rankings

Today's number is... 3rd

Yesterday's daily move of +9.5% for the S&P 500 was its third-best day going all the way back to the 1950s.

Here’s the chart:

  

Let's break down what the chart...

The Daily Number
Grant

Seven days after Liberation Day things are working out just about as expected in the equity markets. Chaos!

 

Until this afternoon's 90 day delay announcement every rally met supply. Rumors were quickly squashed and the White House vowed to...

The Macke Letter
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