Core Viewpoint - MarketGauge aims to provide strategic and actionable information to help investors achieve their financial goals through educational courses, proprietary trading tools, and quant-based models [1] Company Overview - Founded 25 years ago by former floor traders turned hedge fund managers, MarketGauge has over 100 years of combined experience in trading, technology, and education [1] - The company emphasizes a methodical, systematic, and repeatable approach to trading, which they believe is key to success [1] Investment Philosophy - MarketGauge identifies both major macro trends and emerging trends using proprietary tools and indicators [1] - The company employs short-term tactics derived from successful floor trading to maximize profits and minimize risk, with price action as the primary driver [1] - Unlike many Wall Street analysts, MarketGauge believes that passive management and buy-and-hold strategies are risky [1] Performance and Transparency - All investing models at MarketGauge include track records with daily and weekly updates, ensuring performance transparency [1] - The company has provided market analytics to major financial institutions such as Barron's and Fidelity, as well as to thousands of individual investors and active traders [1] Industry Recognition - MarketGauge's insights are featured in various financial platforms including Benzinga, Stocks and Commodities, and MarketWatch, which rated their Twitter feed as one of the top 50 for financial information [1]

Fourth Quarter and Full Year 2025 Earnings Presentation January 26, 2025 1 Safe Harbor Statement NOTE: This presentation contains certain statements that are not historical facts and that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this presentation addressing expectations, assumptions, beliefs, projections, estimates, future plans, strategies, and events, developments that we expect or anticipate will occur in the future, ...

How is it going so far?CoinMarketCap (@CoinMarketCap):2026 CHALLENGE:- No FOMO buying- Track every trade- Take profits at targets- Set stop losses always- Long-term over short-term- Hold through volatility- Research before aping- Build real connectionsWho's in? ...

Core Viewpoint - Kawa Capital Management has completely liquidated its position in Gerdau S.A., selling 2,094,404 shares for an estimated value of $6.49 million, which significantly reduces its exposure to the company from 11.8% to 0% of its 13F AUM [2][3][4]. Company Overview - Gerdau S.A. is a leading steel producer in the Americas, offering a diverse range of steel products including semi-finished billets, long rolled products, special steels, flat products, and iron ore [9][10]. - The company operates a vertically integrated business model that includes steel production, mining, and distribution, generating revenue from direct sales, distributors, and a retail network across the Americas [9]. - Gerdau serves various sectors such as construction, manufacturing, automotive, agricultural, oil and gas, wind energy, and infrastructure, targeting both industrial clients and resellers [9][10]. Financial Performance - As of January 20, Gerdau's share price was $4.16, reflecting a 47% increase over the past year, significantly outperforming the S&P 500's 14% gain during the same period [4]. - The company reported a market capitalization of $8.60 billion, with a trailing twelve months (TTM) revenue of $13.10 billion and a net income of $564.19 million [5]. Recent Developments - The recent transaction by Kawa Capital represents a 15% change in reported 13F AUM, indicating a strategic shift in portfolio management [7]. - Gerdau has demonstrated strong performance due to pricing discipline, resilient North American demand, and a streamlined cost structure, which has positively impacted its financial results [11]. - The company has maintained steady cash generation and continued capital returns, including dividends and buybacks, even as steel markets have normalized [12].

Core Insights - Palantir (PLTR) has maintained strong fundamentals while remaining relatively quiet in the market, indicating potential for earnings confirmation soon [1] Group 1: Company Overview - Palantir is positioned to benefit from market inefficiencies and contrarian insights, focusing on high-potential investment opportunities with significant upside potential [1] Group 2: Investment Strategy - The investment strategy emphasizes a strong margin of safety to protect against capital impairment while maximizing long-term compounding [1] - The investment horizon is set at 2-3 years, allowing the company to ride out market volatility and achieve outsized returns through patience and disciplined capital allocation [1]

Investment Strategy - The John Hancock Corporate Bond ETF (JHCB US) invests at least 80% of net assets in investment-grade corporate bonds rated AAA–BBB- by S&P/Fitch or Aaa–Baa3 by Moody's [1] - The portfolio construction focuses on sector/industry allocation and bottom-up security selection to identify undervalued credits while incorporating ESG factors [1] - The fund may allocate up to 20% in investment-grade bank loans and cash equivalents, with limits on USD-denominated foreign corporate and government securities [1] Derivatives and Liquidity - Derivatives usage is typically limited to 5% of net assets for risk management and efficient exposure, with no leverage employed [1] - Liquidity is supported by the ETF creation/redemption mechanism, although direct loan positions may be less liquid [1] - Active trading and cash creations/redemptions can impact turnover and taxes, with sell/trim decisions based on relative value, credit migration, and risk controls [1]

Core Insights - The John Hancock High Yield ETF (JHHY) aims to maximize current income from USD-denominated below-investment-grade corporate bonds while maintaining characteristics similar to the U.S. high-yield market [1] Investment Strategy - The ETF invests at least 80% of net assets in bonds rated BB–D/Ba–D or unrated equivalents at the time of purchase, covering both U.S. and foreign corporate issuers [1] - There is no average-maturity limit for the portfolio, allowing for flexibility in bond selection [1] Portfolio Construction - The portfolio construction combines top-down sector and interest-rate positioning with bottom-up fundamental analysis and relative-value assessments [1] - The ETF typically targets over 400 positions to ensure high diversification and aims for risk traits comparable to the ICE BofA U.S. High Yield Constrained Index [1] Risk Management - Derivatives such as credit default swaps and foreign-currency swaps may be utilized for risk management, efficient exposure, and return enhancement [1] - The creation and redemption process may be cash-based, which can influence tax efficiency and turnover [1]

Group 1 - The Pacer Swan SOS Moderate (December) ETF employs a structured-outcome options overlay to manage S&P 500 exposure, providing a defined downside buffer and an upside cap that resets annually in December [1] - The investment strategy focuses on FLEX options collateralized by cash and cash equivalents, aiming for consistent option terms and effective collateral management to reduce slippage and financing drag [1] - The ETF's construction involves a combination of call and put FLEX positions to achieve buffered equity beta within predetermined ranges, while residual cash is managed for liquidity and settlement purposes [1] Group 2 - Day-to-day risk management includes monitoring path dependency, cap proximity, and buffer efficacy as market conditions change, with secondary-market purchases adjusting to the current outcome profile [1] - Rebalancing of the portfolio is typically aligned with option rolls at the outcome reset or to maintain the intended exposure in response to corporate actions or changes in index methodology affecting option underliers [1]

Core Viewpoint - Day Hagan/Ned Davis Research Smart Sector ETF (SSUS) aims to achieve capital appreciation through a dynamic, multi-sector U.S. equity allocation while emphasizing risk management [1] Group 1: Investment Strategy - SSUS utilizes a quantitative, weight-of-the-evidence framework to evaluate macro, technical, and behavioral indicators, allowing for active allocation across sector ETFs [1] - The portfolio adjusts its concentration based on conviction shifts, with increased allocations to cash or defensive sectors during weakening conditions [1] - Returns are primarily driven by sector rotation and the disciplined trimming of underperforming assets, differentiating it from static cap-weighted benchmarks [1] Group 2: Target Audience - SSUS is designed for advisors managing multi-asset strategies and OCIOs seeking dynamic equity beta within established risk budgets [1] Group 3: Risk Considerations - A key risk to monitor is model-driven turnover and the associated trading costs that may arise during volatile market conditions [1]

Core Investment Proposition - Amplify BlackSwan Growth & Treasury Core ETF (SWAN) aims for equity-like growth while providing a defensive fixed-income core through a combination of U.S. Treasuries and long-dated in-the-money equity call options [1] - The strategy is designed to participate in large-cap U.S. equity advances while mitigating severe drawdowns, appealing to investors who prefer smoother ride characteristics over full beta capture [1] - The ETF's rules-based design typically results in lower turnover and rebalancing to maintain the option profile as market conditions change [1] Performance Characteristics - SWAN exhibits notable interest-rate sensitivity due to its Treasury allocation and an options delta that may lag during rapid, momentum-driven market surges [1] - The structure provides resilience during equity sell-offs and when high-quality duration is in demand [1] - SWAN can serve multiple roles in investment portfolios, including as a core defensive equity substitute, a "sleep-well" capital sleeve, or a drawdown-aware satellite [1] Market Conditions and Strategy Suitability - The ETF is particularly timely when downside protection is prioritized or when interest rates are stable to declining [1] - SWAN may face challenges in environments where interest rates rise sharply without corresponding equity gains [1] - Monitoring option-roll execution and duration concentration is essential for effective management of the ETF [1]