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.
The Big Picture is a portfolio-level decision framework for investors who need to understand where markets are fragile, where positioning is crowded, and where risk/reward is asymmetric before the headlines catch up.
Who is the Big Picture designed for:
The Big Picture is designed for the allocator, the long-term serious investor, and the professional who needs to understand the primary structural trends in the markets. If you are looking for 0DTE options alerts or 5-minute scalp trades, this is NOT for you.
- A comprehensive monthly note focused on the “signal” vs the “noise”
- Identify inflection points earlier
- Avoid crowded positioning
- Understand regime shifts before they become obvious
- Position portfolios, not trades
- Receive 1–2 interim updates when conditions change
Get Clarity
Select your Big Picture term below and continue to checkout.
Market Noise Does Not Help You Allocate Capital Better
What Most Investors Get
- Headlines
- Analyst opinions
- Economic data dumps
- Social media commentary
What Serious Investors Need
- Macro regime clarity
- Technical exhaustion signals and turning points
- A forward roadmap for portfolio decisions
Markets do not break or extend because of headlines alone.
They move when liquidity, positioning, and exhaustion signals collide.
That is the focus of The Big Picture.
Two Layers That Matter Most
The Big Picture strips market complexity into a decision-ready framework built around the signals that drive portfolio outcomes.
What investors are saying about The Big Picture
As a long-time Hedge Fund Telemetry subscriber, I find Tommy’s analysis to be an excellent mix of technical indicators, sector-specific trends, and broader market overviews. The morning and daily notes are produced with current, real-time data, so I can rely on them to inform my trading decisions. Tommy is also very transparent about his analysis, sharing when his convictions don’t play out as projected and adapting to changing market fundamentals and structure. Hedge Fund Telemetry and the new Big Picture note are great tools for any trader or investor.
In my experience, the key to understanding financial market moves lies in grasping the macroeconomic context in which we are operating. Hedge Fund Telemetry’s Big Picture helps provide that context.
What’s Included Every Month
| Feature | Included | Why It Matters |
|---|---|---|
| Executive Macro Summary | Yes | Frames the market environment quickly |
| The 10 Charts That Matter Most | Yes | Focuses attention on the signals worth watching |
| HFT Macro Scoreboard | Yes | Provides a structured monthly macro read |
| Market Fragility Index | Yes | Shows where instability may be building beneath the surface |
| 12-Month Market Roadmap | Yes | Supports longer-horizon positioning decisions |
| Market Structure & Leadership | Yes | Shows what is actually driving the tape |
| DeMark Sequential & Combo Signals | Yes | Helps identify potential exhaustion and turning points |
| Global Markets & Commodities | Yes | Keeps the macro context broad and actionable |
| Major Investment Themes | Yes | Highlights opportunities that may lead the next cycle |
| Interim Monthly Updates | 1–2 notes | Keeps the framework current as conditions evolve |
What You’ll Be Reading
The value is not in more commentary. It is in clearer positioning.
Market concentration has reached levels historically associated with late-cycle rallies. Combined with tightening liquidity, the probability of volatility and sector rotation is rising.
Sentiment remains elevated despite weakening breadth, leaving markets vulnerable to downside surprises.
Energy infrastructure investment is emerging as one of the most underappreciated themes of the next cycle.
For Investors Who Think In Portfolios, Not Trades
If you want daily commentary, the Hedge Fund Telemetry subscription serves that purpose with more tactical views.
If you want to understand where markets are going next, The Big Picture is essential reading.
Understand the Cycle. Position Ahead of It.
Markets reward investors who see the regime before the crowd does.
Each month The Big Picture helps you see:
- where macro forces are pushing markets next
- where fragility is building beneath the surface
- where the next asymmetric opportunities may emerge