Tier1 Alpha

Leveraging Market Structure through Options, Volatility, Passive flows, and Systematic Rebalancing. Research Distributed through @Hedgeye

[Tier1 Alpha @t1alpha]

@FinanceLancelot The curse of early adopters.

[Tier1 Alpha @t1alpha]

@simon_ree Love it. Cheers!

[Michael Green @profplum99]

“I wanna be a trillionaire… so frickin’ bad, buy all the things I never had”

VOO crosses Elon territory…

Some stats: 43% was due to asset appreciation, 57% from inflow — 62% of flow came from just the past three years

@t1alpha

[Tier1 Alpha @t1alpha]

@Shepdog69138782 @HedgeyeFins I wish it wasn’t so...

[Tier1 Alpha @t1alpha]

The amount of micromanaging it takes to effectively utilize agentic development alone warrants more full-time positions. @HedgeyeFins

[Hedgeye @Hedgeye]

Companies stopped hiring college grads to save money.

Then one got a $500 million monthly bill from Claude.

Hedgeye's Matt Cooper @HedgeyeFins explains why the hiring freeze is reversing.

[Tier1 Alpha @t1alpha]

@wojofooo The higher they climb...

[Tier1 Alpha @t1alpha]

$VIX / $SPX beta factor now in the 7th percentile.

[Tier1 Alpha @t1alpha]

@SebastinPatron3 Not a long-term level, thats for sure.

[Tier1 Alpha @t1alpha]

@wolf_vukovic Lagging indicator... sunlight still takes 8 minutes to get here.

[Tier1 Alpha @t1alpha]

@HedgeyeIndstrls @Hedgeye Growing up on 90s movies, I always wanted one of those, so my due diligence may be emotionally compromised.

[Tier1 Alpha @t1alpha]

@profplum99 Classic “you first” mentality. The herd instinct is strong.

[Tier1 Alpha @t1alpha]

@EricBalchunas @RebeccaSin_SK I had no idea this was a thing.

[Tier1 Alpha @t1alpha]

@KASDad And likely understated via index replication strategies.

[Tier1 Alpha @t1alpha]

@blue__mount @Hedgeye Both actually.

[Tier1 Alpha @t1alpha]

$SPX is on a 9 day winning streak, marking one of its best runs over the past 30 years.

[Tier1 Alpha @t1alpha]

@lighthousejerry Why not track both?

[Tier1 Alpha @t1alpha]

@Lil_Obster @Hedgeye @KeithMcCullough Apparently so.

[Tier1 Alpha @t1alpha]

It’s been 92 trading days since $SPX has seen a 2% decline or worse.

For context, that stretch includes a partial government shutdown, the Iran conflict, an oil shock, inflation pressure, AI-linked layoffs, and even a new Fed chair.

Positioning > narratives.

[Tier1 Alpha @t1alpha]

@NoelSmith @Ksidiii Well said.