Jul 20, 2026
Battered momentum
Earnings decide whether Friday was just a dip
Nicholas Crown
It should feel chaotic.
Goldman’s momentum index has just fallen 31.8% as the market flips erratically between AI and defensives.
The next move hinges entirely on three earnings prints, and we've already built our book around them.
Unlock to read this Letter
Every Monday. Macro analysis, trade setups, and positioning.
Subscribers get:
- Complete trade setups with entries, exits, and risk levels
- Deep analysis, charts, and proprietary research
- High-conviction opportunities explained in plain English
- Early warnings on leadership shifts and cycle turns
- One avoided mistake more than pays for the subscription