The US market, read daily, risk first.
US Equities Newsletter and Model Book
Sunday, October 25
An editorial newsletter and illustrative model book for self-directed investors in the US and Canada.
Every trading day: a morning outlook and a night wrap.
Twice a month: an illustrative model book of 12 to 17 lines, cut on the close before the 2nd and the 16th and live for the next session. Large and mega caps and liquid sector ETFs only — never a thin story stock. Where the book goes follows market leadership; how much risk it carries follows the regime; when it leans into the leading industry follows that industry’s own trend. Between cuts, a written rule (the AB Defensive Guardrail) can move the growth sleeve to ten equal-weight names.
An AI Council drafts — every draft anchored to one live regime read, the TRH hazard, so the bulletin, the desk read and the model book all read from the same market context. We review it, then we publish. Editorial commentary, not advice.
The method behind the book, with nearly three decades of market research: Maximum Adaptive Market Adherence (MAMA) →14-day Elite trial · email only · no card · through October 31
A publication for self-directed investors. Not personal advice, not portfolio management.
Gap-open readSPY gapped −0.5% · P* 76% · SEVERE band×1.91
SINCE FRI CLOSE· Futures reopen Sun 6:00 PM ET · nothing has moved since Friday's close · settle drift WTI −0.4%
The desk keeps hazard high into FOMC and PCE, but the live read has eased versus the held desk posture because the next tier-1 prints are still ahead. SHC reads the two forces holding short of the drawdown event — suppression capacity thinning, price pressure still short of its threshold. Breadth and momentum are firm, while hedges stay mixed and bonds are not fully confirming stress. The desk reads dips as shallow and temporary while SPY holds 710.4: a read, not a forecast.
desk read · written 10:23 AM ET
Since Thu· Thermometer 40° → 36°· Trend 54 → 57 (Neutral → Uptrend)· Verdict unchanged