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Trade Secrets: Dailies 05.04.2026
US stock futures rose Sunday evening as markets reacted to fresh developments in the Strait of Hormuz as the US administration launched ‘Project Freedom’.
What in the World!
The April 8 US-Iran ceasefire triggered a sharp market rebound — the S&P 500 gained 10.4%, its best month since November 2020. But the Strait of Hormuz remained largely closed, oil stayed above $100, and the 30-year Treasury yield hit 5%.
Trade Secrets
In terms of seasonality, the bullish part of the year ended on Thursday. It’s May and we’ll find out real soon if May means sell and go away. We’ll cover the stock market tomorrow night. Right now I ran into a very interesting inflection point for gold and silver.
Trade Secrets
April saw the strongest monthly net inflows into spot Bitcoin ETFs since October 2025, while futures positioning leaned short and funding stayed mostly negative.
The April 8 US-Iran ceasefire triggered a sharp market rebound — the S&P 500 gained 10.4%, its best month since November 2020. But the Strait of Hormuz remained largely closed, oil stayed above $100, and the 30-year Treasury yield hit 5%.
April saw the strongest monthly net inflows into spot Bitcoin ETFs since October 2025, while futures positioning leaned short and funding stayed mostly negative.
Ownership in financial markets has traditionally implied control, or at minimum, judgment. Investors allocated capital based on analysis, exercised voting rights with intent, and influenced corporate behavior through engagement or exit.
South Africa enters 2026 at a genuine inflection point — the most promising in over a decade. The Government of National Unity (GNU), formed after the ANC's historic loss of its parliamentary majority in May 2024, has fundamentally changed the political calculus.
Global crypto ETP assets under management reached an estimated $184 billion by the end of 2025. That number reflects more than market appreciation; it reflects a structural shift in how institutions around the world access digital assets, and which regulatory frameworks now govern that access.
For decades, alpha was framed as the reward for superior insight. Investors who processed information faster, interpreted data more accurately, or anticipated market reactions more effectively were expected to outperform.
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