The Retail Investor Report

The whole income-fund universe in one place. fund database, income tools, portfolio tracker, an ai assistant and much more.

[The Retail Investor Report @RIR_Report]

Goldman already owned the better fund. It paid $2.25 billion for the other one anyway.

https://t.co/i7BgeinkQZ

[The Retail Investor Report @RIR_Report]

https://t.co/3alUBTWWRP

[TappAlpha @TappAlphaFunds]

𝗪𝗲 𝗿𝗲𝗺𝗼𝘃𝗲𝗱 𝘁𝗵𝗲 𝗳𝘂𝗻𝗱 𝗶𝗻𝘀𝗶𝗱𝗲 𝘁𝗵𝗲 𝗳𝘂𝗻𝗱.

Until this week, TDAQ held its stocks through another ETF, and that fund's expenses sat on top of ours.

Now TDAQ holds its stocks directly.

𝗧𝗗𝗔𝗤'𝘀 𝘁𝗼��𝗮𝗹 𝗮𝗻𝗻𝘂𝗮𝗹 𝗳𝘂𝗻𝗱 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗲𝘅𝗽𝗲𝗻𝘀𝗲𝘀: 𝟬.𝟴𝟯% → 𝟬.𝟲𝟴%

Our 0.68% management fee is unchanged.
The 0.15% in acquired fund fees is gone.

𝗪𝗵𝗮𝘁 𝘀𝘁𝗮𝘆𝘀 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲:
✓ Same ticker
✓ Same daily covered-call strategy
✓ Same distribution schedule

Shareholders don't need to do anything.

See TDAQ's updated fee table and holdings → https://t.co/zUZHueNgaU

#ETFs #GrowthAndIncome

[The Retail Investor Report @RIR_Report]

Price a fund company like a stock.

NEOS: $35.1B x 0.68% fee = about $240M a year.

@GoldmanSachs ($GS) is paying up to $2.25B. That's ~9.5x the fee line.

For a business whose product is, in the end, a spreadsheet full of options.

https://t.co/sSp40oXjRW

[The Retail Investor Report @RIR_Report]

The men who founded NEOS built $QYLD first.

2013, a tiny shop called Recon. $52M after year one.

Then @GlobalXETFs took it over and they walked out.

QYLD is $8.5B today. So they built it again, and QQQI passed it in under two years.

https://t.co/sSp40oXjRW

[The Retail Investor Report @RIR_Report]

Goldman is paying up to $2.25B for NEOS.

19 funds. $35.1B in assets.

78.4% of it sits in two tickers: $QQQI at $15.09B and SPYI at $12.40B.

They aren't buying a fund company. They're buying two funds.

https://t.co/sSp40oXjRW

[The Retail Investor Report @RIR_Report]

https://t.co/3alUBTWWRP

[The Retail Investor Report @RIR_Report]

In April, @GoldmanSachs paid $2B for a firm whose customers buy protection.

In August, it agreed to pay up to $2.25B for NEOS, home of $QQQI, whose customers sell it.

Same bank. Five months. Both ends of the same trade.

https://t.co/sSp40oXjRW

[The Retail Investor Report @RIR_Report]

The September 25 $APP chart shows the potential, but a falling stock still needs a base before I call it a setup.

https://t.co/1QMyLSuAEp

[The Retail Investor Report @RIR_Report]

Software and chips have been taking turns.

Software ETF $IGV vs chip ETF SMH, last 30 sessions: correlation 0.05, opposite directions 17 of 30 days. Sep 14: software +5.0%, chips -4.8%.

Chips still own 2026: +62.5% vs +3.3%.

Both on the Stage Board:
https://t.co/musTzo5db0

[The Retail Investor Report @RIR_Report]

Zeta explains the stock comparison, but Unity is the rival fighting $APP for the same mobile-game ad dollars.

https://t.co/1QMyLSuAEp

[The Retail Investor Report @RIR_Report]

For all the $APP vs Zeta talk, Meta is the giant standing between AppLovin and those e-commerce ad budgets.

https://t.co/1QMyLSuAEp

[The Retail Investor Report @RIR_Report]

Follow-up on the agentic rollout: if trading agents become mainstream via MCP, order routing shifts from clicks to autonomous API calls.

The real bottleneck won’t be model intelligence from @openai or @claudeai — it’ll be execution guarantees and API rate caps.

[The Retail Investor Report @RIR_Report]

I asked CARL, the AI on the RIR platform, how Stage 4 stocks usually behave:

"Rallies inside Stage 4 are usually treated as sell-into-strength opportunities rather than reversals."

$APP has been in Stage 4 since Aug 7.

Ask CARL anything:
https://t.co/TUgMGFvQnq

[The Retail Investor Report @RIR_Report]

$META ripped 40% in a few days. We bought it way too early, got burned and sold.

Astrology for Men, Ep 3 with @LennyMadeThat:
https://t.co/zJdQOdcvIU

[The Retail Investor Report @RIR_Report]

Since the August report, the rest of software rallied and $APP didn't come with it.

IGV, ServiceNow, Salesforce and Zeta climbed. AppLovin sits near its lows, still growing 53% at ~15x forward earnings.

Gaps like that can close fast. Compare them:
https://t.co/hOcmnmXQET

[The Retail Investor Report @RIR_Report]

Robinhood just announced agentic trading for $HOOD — users can connect any LLM into dedicated trading accounts via MCP.

Are @openai and @claudeai signing broker licensing deals, or is this BYO API key? Big question: will they let you plug in your pro sub?

[The Retail Investor Report @RIR_Report]

In this week's Report, $APP wins the profitability argument against Zeta and still loses the stock-price argument.

https://t.co/1QMyLSu2OR

[The Retail Investor Report @RIR_Report]

The September 25 chart says it plainly: software rallied after August earnings, and $APP got left behind.

https://t.co/1QMyLSu2OR

[The Retail Investor Report @RIR_Report]

The bears think it's about to dump. The bulls use it. That's the bear trap, and that's your short squeeze. $SPY

Astrology for Men, Ep 3 with @LennyMadeThat:
https://t.co/zJdQOdcvIU

[The Retail Investor Report @RIR_Report]

AppLovin makes 66% net margins. Zeta makes 2%. The market still picked Zeta.

Same week in August, opposite stages. Here's why, and why I think $APP might be the most mispriced name in software right now.

Full breakdown below. https://t.co/boL2DGBmWr