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First Call March 30, 2026
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The Big Picture interim note
I've only mentioned this new Big Picture note to current subscribers, so this is being sent to all...
The Week Ahead March 29, 2026
Market Setup Risk is repricing lower ahead of a catalyst-heavy week, with macro and geopolitical...
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We made it to another Friday! The amount of news volatility with headline risk has been fairly...
First Call March 27, 2026
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First Call April 22, 2026
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Price Insensitivity
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First Call April 21, 2026
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Pre TACO Tuesday
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First Call April 20, 2026
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The Big Picture
Cut Through the Market Noise with Institutional-Grade Macro Conviction
An intermediate-term roadmap for equities, bonds, currencies, and commodities built on sentiment extremes/trends, DeMark exhaustion/reversals, and cross-asset positioning.
World-Class Hedge Fund Research & Services
TO GIVE YOU AN INVESTING EDGE
A Look Inside
OUR EXCLUSIVE CONTENT

FIRST CALL
A brief pre-market note to get you quickly up to speed on what happened overnight and to start your day up to speed.

MID MORNING NOTE
An actionable look at whats happening shortly after the market opens with trade ideas, DeMark screens, and more. Out around 11am EST.

DAILY NOTE
A midday note that covers all macro markets with an emphasis on US, European, and Asian equity markets.

SENTIMENT CHARTS
The best interactive charts incorporating the Daily Sentiment Index data with 45 markets.

THE WEEK AHEAD
A straight to the point weekend note that lays out everything to prepare you for the week ahead with the most important catalysts and focus.

TRADE IDEAS
Actionable long and short ideas focused on US equity markets and major most liquid ETFs.

WEBINARS AND CHARTBOOK
- Webinars include updated real-time live analysis over specific markets
- Monthly and sometimes bi-monthly overview with Erlanger Research to discuss current short interest data
- Educational webinars to discuss how to use a particular market indicator such as the DeMark Sequential or how to interpret and use the Daily Sentiment Index data
- ChartBooks are brief actionable webinar videos that quickly zip through annotated charts of a sector, a group of markets, major ETF’s (30 seconds per chart)
Unlocked Notes
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The best hedge fund managers know how important market sentiment is for trading and Tom is their go-to expert on the market sentiment analysis that matters.









