We show the reasoning, not the call.
Structured courses in equities, fixed income and derivatives, taught alongside a live trading room — by someone who spent twenty years doing this inside institutions, and still trades every session.
Start with the work, not the sales page.
Every week we publish a full market review — what actually moved across equities, rates, currencies and commodities, and what the week ahead turns on.
It is free and needs no account — the fairest way to judge whether how we read markets is worth paying to learn.
In this week’s review
- 8 of 11 sector funds rose while the S&P 500 fund fell 0.5%: the repricing is in technology and communication services, not the wider market.
- The average sector fund now leads the index over 1 week, 1 month and 6 weeks; small caps led the week at +1.7%.
- Ten-year Treasury yield −17bp on Thursday alone, closing the week at 5.00%, as money moved from AI spenders and their lenders into bonds.
- Gold fund −4.2% in a week when real yields fell, the opposite of our 25 September reading; the issue records the miss and what would resolve it.
- Week ahead: Fed decision and Microsoft/Alphabet results Wednesday, Q3 GDP Thursday, Nigeria’s Treasury bill auction Wednesday.
- Changes in net asset value for State Street funds, Friday 16 to Friday 23 October; exchange rates to Thursday 22 October. Educational content, not investment advice; full sources and disclaimer in the PDF. OHC holds no position in anything named.