Company Overview - Affiliated Managers Group, Inc. (AMG) is highlighted as a favored company, with previous discussions focusing on the yield potential of its baby bonds and profit scenarios [1]. Investment Strategy - The investment strategy involves identifying mispriced investments in fixed-income and closed-end funds, utilizing straightforward financial logic [1]. - The team, led by Denislav Iliev, has over 15 years of day trading experience and consists of 40 analysts [1]. Service Features - The service provided includes frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1].

Core Viewpoint - The article discusses the recent performance of silver and oil LOF (Listed Open-Ended Fund) investments, highlighting significant profit opportunities and market dynamics affecting these commodities. Group 1: Silver LOF Performance - Silver LOF has shown impressive returns, with some investors reporting gains of over 1500+ from single accounts [3][4] - The current premium for silver LOF stands at 10.1%, indicating strong demand and potential for further profit [2] - The article suggests that the recent surge in silver prices, with a 4.28% increase in London silver, is a key driver for these returns [9] Group 2: Oil LOF Investment Opportunities - The article notes that oil LOF funds, such as Southern Oil LOF and Jiashi Oil LOF, have provided multiple arbitrage opportunities recently [11] - There is a potential for significant price increases in oil, with current prices showing a 2.89% rise for New York oil and 2.82% for Brent oil [9] - The article emphasizes that if oil prices surge, it could lead to a corresponding increase in the prices of gold and silver, creating further investment opportunities [13] Group 3: Market Dynamics and Economic Indicators - The U.S. economy is experiencing a mixed performance, with manufacturing slowing down while the service sector remains strong, impacting commodity pricing [14] - Upcoming U.S. CPI data is expected to show a rebound, which could influence global liquidity and commodity markets [19] - The article highlights that the recent rise in PPI (Producer Price Index) is driven by increasing prices in the metals sector, providing a solid fundamental support for the metals market [19] Group 4: Investment Strategy and Recommendations - The article suggests focusing on ETF investments in the metals sector, particularly those that cover a broad range of metals to mitigate individual commodity risks [22] - It recommends a phased approach to investing in metal ETFs during market fluctuations, while keeping an eye on key economic indicators and geopolitical events [23] - The overall strategy emphasizes capturing the benefits of a bull market while managing risks associated with high valuations and crowded sectors [21][23]

Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. and certain officers for alleged violations of federal securities laws during the Class Period from May 12, 2025, to November 14, 2025, seeking damages for affected investors [1] Company Overview - DeFi Technologies is a technology and digital asset treasury company that develops exchange-traded products in Canada, tracking the value of decentralized finance protocols and offering asset management services [4] - The company was previously known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023, with its headquarters in Toronto, Canada [5] Business Segments - DeFi Technologies operates five business segments, including DeFi Alpha, which is described as a specialized arbitrage trading desk aimed at capitalizing on low-risk arbitrage opportunities within the cryptocurrency market [6] Financial Performance and Guidance - At the beginning of the Class Period, DeFi Technologies projected full-year 2025 revenue of approximately C$285.6 million (US$201.07 million), indicating significant growth from 2024 [7] - On August 14, 2025, the company raised its revenue guidance for 2025 to US$218.6 million, emphasizing the advantages of its DeFi Alpha operations [7] - However, on November 14, 2025, the company reported a nearly 20% revenue decline, lowering its revenue forecast from US$218.6 million to approximately US$116.6 million due to delays in executing its arbitrage strategy [12] Stock Performance - Following the announcement of the revenue decline and the departure of CEO Olivier Roussy Newton, DeFi Technologies' stock price fell by 27.59%, closing at US$1.05 per share on November 17, 2025 [13]

Group 1 - The article discusses the trend of investors seeking safer and more predictable investment alternatives due to market uncertainties and stress [1] - The focus is on preferred stocks, particularly the Ellsworth Growth and Income Fund, which are considered to be mispriced investments [1] - Denislav Iliev, an experienced day trader with over 15 years in the field, leads a team of 40 analysts who specialize in identifying mispriced investments in fixed-income and closed-end funds [1] Group 2 - The investing group Trade With Beta offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [1] - The service includes an actively managed portfolio and a chat room for discussions among sophisticated traders and investors [1]

Group 1 - The current volatile interest rate environment and increased uncertainty in capital markets make the selection of decent-yielding instruments with acceptable risk crucial for investors [1] - Long-term bond ETFs and preferred shares of closed-end funds are highlighted as potential investment options [1] - Denislav Iliev, an experienced day trader with over 15 years in the field, leads a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds [1] Group 2 - The investing group Trade With Beta offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1]

Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the reports. 2. Core View The reports present cross - market, cross - period, spot - futures, and cross - variety arbitrage tracking data for various non - ferrous metals on January 7, 2026, including copper, zinc, aluminum, nickel, lead, and tin, helping investors identify potential arbitrage opportunities. 3. Summary by Related Catalogs Cross - Market Arbitrage Tracking - **Copper**: On January 7, 2026, the domestic spot price was 103,600, the LME price was 13,375, and the ratio was 7.55. The spot import equilibrium ratio was 7.93, with a loss of 1,275.62; the spot export profit was 1,514.20. The March ratio was 7.77 [1]. - **Zinc**: The domestic spot price was 24,340, the LME price was 3,202, and the ratio was 7.60. The spot import equilibrium ratio was 8.34, with a loss of 2,367.48. The March ratio was 5.41 [1]. - **Aluminum**: The domestic spot price was 23,910, the LME price was 3,093, and the ratio was 7.73. The spot import equilibrium ratio was 8.33, with a loss of 1,869.78. The March ratio was 7.76 [1]. - **Nickel**: The domestic spot price was 141,150, the LME price was 17,370, and the ratio was 8.13. The spot import equilibrium ratio was 8.02, with a profit of 440.63 [1]. - **Lead**: The domestic spot price was 17,425, the LME price was 1,994, and the ratio was 8.70. The spot import equilibrium ratio was 8.59, with a profit of 225.30. The March ratio was 11.92 [3]. Cross - Period Arbitrage Tracking - **Copper**: On January 7, 2026, the spreads between the next - month, March, April, and May contracts and the spot - month contract were 4,130, 4,250, 4,230, and 4,180 respectively, while the theoretical spreads were 608, 1,114, 1,629, and 2,144 [4]. - **Zinc**: The spreads were 495, 545, 575, and 590, and the theoretical spreads were 222, 350, 478, and 606 [4]. - **Aluminum**: The spreads were 725, 785, 815, and 865, and the theoretical spreads were 229, 359, 489, and 619 [4]. - **Lead**: The spreads were 145, 170, 175, and 205, and the theoretical spreads were 212, 320, 428, and 536 [4]. - **Nickel**: The spreads were 6,050, 6,270, 6,550, and 6,880 [4]. - **Tin**: The 5 - 1 spread was 1,040, and the theoretical spread was 7,153 [4]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads between the current - month and next - month contracts and the spot were - 2,445 and 1,685 respectively, and the theoretical spreads were - 107 and 1,066 [4]. - **Zinc**: The spreads were - 540 and - 45, and the theoretical spreads were 101 and 242 [4]. - **Lead**: The spreads were - 50 and 95, and the theoretical spreads were 100 and 216 [5]. Cross - Variety Arbitrage Tracking - **Cross - Variety Ratios**: On January 7, 2026, the Shanghai (three - continuous) ratios for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc were 4.33, 4.32, 6.01, 1.00, 1.39, and 0.72 respectively. The LME (three - continuous) ratios were 4.07, 4.23, 6.38, 0.96, 1.51, and 0.64 [5].

Core Insights - Bots and AI-driven trading strategies are significantly transforming Polymarket's ultra-short-term crypto markets, enabling automated systems to achieve remarkable profits while human traders struggle to keep up [1][2] Group 1: Bot Performance - A notable example includes a bot that turned $313 into $414,000 within a month by trading in BTC, ETH, and SOL markets with a 98% win rate [2] - Another bot generated $2.2 million in just two months by utilizing ensemble probability models trained on news and social data to exploit market mispricing [4] Group 2: Trading Strategies - The primary strategy employed by these bots is not to predict market direction but to exploit timing discrepancies where Polymarket prices lag behind confirmed spot momentum on major exchanges [3] - By entering trades when the actual probability is around 85% while the market shows 50/50 odds, these bots consistently buy mispriced contracts, leading to thousands of micro-trades that yield steady gains [3][5] Group 3: Market Dynamics - The automated systems take advantage of mispriced contracts, thin liquidity, and market lag, achieving a level of consistency that human traders cannot match [1]

Group 1 - Silver prices surged to a new record high, nearing the $85 mark before pulling back to around $80 due to fears of a global supply shock from Chinese export restrictions [1] - China's imposition of export licensing on silver, effective January 1, 2026, is a primary catalyst for the price surge, restricting flows from a major net exporter [4] - The physical silver market shows a significant arbitrage gap, with prices in Shanghai reaching $91 per ounce while Western paper markets trade around $77–$80 [4] Group 2 - The CME raised silver margin requirements to $25,000 per contract to curb volatility, but the current leverage in the system is lower than during the 2011 crash [6] - Long-term demand driven by solar and AI technologies is creating a structural deficit, with bullish sentiment remaining strong despite short-term volatility [6] - Notable figures in the investment community, such as Robert Kiyosaki, are optimistic about silver's potential, speculating on future price targets [6]

分组1 - The article discusses the recent addition of Bread Financial Holdings (BFH) to the exchange, highlighting the Arbitrage Trader led by Denislav Iliev, who has over 15 years of day trading experience [1] - Denislav Iliev leads a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds using straightforward financial logic [1] - The investing group Trade With Beta offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1]

Group 1 - The article discusses RenaissanceRe Holdings (RNR) and its preferred stocks, specifically RNR.PR.G and RNR.PR.F, which are rated as investment-grade [2] - The focus is on identifying mispriced investments in fixed-income and closed-end funds, highlighting the importance of timing in trading strategies [3] - The investment group Trade With Beta, led by Denislav Iliev, provides frequent picks for mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [3] Group 2 - The article emphasizes the significance of closed-end funds and the potential for directional and arbitrage opportunities due to market price deviations [1] - The service offered by Trade With Beta includes actively managed portfolios and discussions for traders to share insights [3]