Morning
Free plan
Where the day starts
Overnight moves across the five core markets and the three focus sectors, and the questions that will be settled by lunch.
Morning · Midday · Evening, every trading day
Three briefs a day. Each one picks up the last.
Five core markets, three sectors, and nothing else. Every brief closes with a question that names a level and a time, and the next brief comes back to it, whichever way it went.
The day, in three parts
Each brief asks. The next one comes back to it, whichever way it went.
Midday
Pro
The first answer
The morning questions get a yes or a no against the tape, and a fresh set goes on the board for the close.
Evening
Pro
The close, settled
The midday questions are answered, the day is put to bed, and the overnight levels are set for tomorrow's open.
What is in one
Four parts, the same four every time, so two briefs a week apart are comparable.
Part one
Core markets
SPY, QQQ, IWM, GLD and TLT, each shown against the prior close and against the previous brief. Two numbers rather than one, because a market up on the day and down since noon is telling you something a single figure hides.
Part two
Focus sectors
Technology, Health Care and Energy, with a line on which part of the sector is carrying it. The nine subsectors behind that read are set out in full on the research pages.
Part three
What mattered
The two or three things that actually moved, stated plainly. Not a summary of the news, and not a story built backwards from the closing price.
Part four
What could change the picture
The questions. Each names an instrument, a level and the brief it resolves at. This is the part that makes the rest of it checkable.
What counts as a question
A view that cannot be wrong is not worth publishing. So each question names the instrument, the number, and the moment it settles, and the next brief settles it.
Sometimes it cannot be settled honestly, because the level was printed off bad data or the market did not trade. Those are marked not assessable rather than quietly dropped.
Example
Is GLD above $405.04 at the Midday brief?
- Instrument
- Named, and one of the eight we cover.
- Level
- An actual number, fixed when the question is printed.
- Settles at
- A named brief, not "soon" or "this week".
- Answer
- Yes, no, or not assessable.
Illustrative example. Not a published question, and not advice.
Who gets what
| Brief | Free | Pro |
|---|---|---|
| Morning | Yes | Yes |
| Midday | No | Yes |
| Evening | No | Yes |
| Threshold alerts | No | Yes |
| Sector deep-dives | No | Yes |
| Sector research | No | Yes |
Reading any brief needs a free account. Pro is not open yet.
Start with the Morning brief
Free every trading day, with all five core markets, all three sectors, and the questions. It needs a free account and a confirmed email address, and no card.