Learn
The education library.
Develop real skill in economic, fundamental, and technical analysis, and the deeper understanding it takes to truly trade them well.
EarningsHow to Read an Earnings Report (EPS, Surprise, and Guidance)
A plain-English guide to reading a company's quarterly earnings. What EPS and revenue mean, which SEC filing the numbers come from, why the market trades the surprise instead of the number, and why guidance often matters more than the quarter itself.
8 min read
InflationWhat Is PCE (the Inflation Gauge the Fed Actually Targets)
What the PCE price index measures, why it is the inflation gauge the Federal Reserve steers by, how it differs from CPI, and the one thing that moves markets when it lands. The surprise versus the forecast, not the number itself.
7 min read
Labor MarketWhat the Jobs Report Tells You (Nonfarm Payrolls)
How to read the monthly U.S. jobs report. What nonfarm payrolls, the unemployment rate, and wages each measure, why the surprise moves markets, and why a strong report can send stocks down.
6 min read
InflationWhat Is CPI (and Why the Market Reacts to It)
What the Consumer Price Index measures, the difference between headline and core, and the one thing that actually moves markets when CPI lands. The surprise versus the forecast, not the number itself.
5 min read
RatesHow to Read the Yield Curve (and What Inversion Signals)
How to read the shape of the U.S. Treasury yield curve (normal, flat, and inverted) and why an inverted curve is the recession signal every trading desk watches.
5 min read
RatesWhat Credit Spreads Tell You (IG vs High Yield)
How to read credit spreads, the extra yield companies pay over Treasuries. What investment-grade and high-yield OAS mean, why tight signals risk-on and wide signals stress, and why high yield moves first.
5 min read