Paid Subscriber – Market rallies for 2nd week – Quant 30 and Legacy Portfolios make all time highs – Update 04/13/26

Position trading concepts and practical lessons

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• Quant Weekly – Up over 43% since June 2025

• Quant 30 – Up over 43% since June 2025

• Legacy – Up over 280% since April 2023

• Changes to the Quant Portfolios

• Top Quant Stocks – new list

• Education – Position trading concepts and practical lessons

• Powell Industries becomes a 12 bagger.

USA Stock market week ending 04/10/26

Major Index Performance (Weekly)

• S&P 500 proxy (SPY): +3.6%

• Nasdaq proxy (QQQ): +4.5%

• Dow proxy (DIA): +3.1%

• Russell 2000 proxy (IWM): +4.0%

Takeaways

• Oil and geopolitics drove the action: Markets surged on April 8 as ceasefire news eased tensions and sent oil prices sharply lower, though underlying risks hadn’t fully disappeared beneath the surface rally.

• Short-covering amplified the move: Hedge funds rushed to cover short positions in the wake of the ceasefire announcement, adding momentum to the rally and potentially setting the stage for near-term sector rotations. Inflation data provided a quiet tailwind:

• A slightly cooler-than-expected core CPI reading on Friday gave markets an additional lift, helping indexes close the week in positive territory despite lingering geopolitical uncertainty.

Market Drivers Next Week (04/13/26 – 04/17/26)

• Mon Apr 14 — Big Bank Earnings Kick Off: Goldman Sachs leads Q1 reporting, with JPMorgan Chase, Wells Fargo, Citigroup, and BlackRock all following on Tuesday. Analysts expect strong financials sector earnings growth, but forward guidance and executive commentary will be the real focus given war-related uncertainty and economic growth concerns.

• Mon Apr 14 — March Existing Home Sales: A read on housing demand amid elevated mortgage rates and consumer spending pressure from high energy costs.

• Tue Apr 15 — March PPI (Producer Price Index): Markets are watching for the impact of higher energy prices flowing through to wholesale inflation, which could shape expectations for the Fed’s next move.

• Wed Apr 16 — Heavy Mid-Week Earnings: ASML, Bank of America, Morgan Stanley, Netflix, and Taiwan Semiconductor (TSM) all report — a critical cluster that will test sentiment in tech, financials, and semiconductors simultaneously.

• Thu Apr 17 — March Housing Starts & Building Permits: Fresh data on construction activity as the housing market navigates high rates and cost pressures from energy and materials inflation.

• All Week — Iran Ceasefire Watch: The two-week pause Trump announced April 8 remains the dominant macro wildcard. Any breakdown in negotiations or re-escalation in the Strait of Hormuz would send oil prices surging again and rattle markets broadly.

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The CNN Fear and Greed Index ends the week at Fear 38. After four straight weeks at the Extreme Fear reading, the reading has moved up.

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The Quant 30 and Quant Weekly Model Portfolios had large gains for the second week in a row. Quant Weekly went from +33% on 4/6/26 to +43% now. Quant 30 went from +32% to +43% now. Two weeks ago Quant Weekly was at 23% and Quant 30 at 22%. This is an increase of 20% over two weeks. Quant 30 and Quant Alpha’s Legacy Portfolios make all time highs.

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A warm welcome to my new members of this paid subscriber newsletter on SubStack .

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Note: Starting this week, I plan create a new section called Top Quant Stocks. Each week, I will list up to 10 stocks with high Quant rankings in a specific area. This week, I will start with Dividend stocks. Each list is sorted by Quant ranking with the highest rankings first. Basic liquidity minimums must be meet but the sole criteria for inclusion is the Quant ranking. From time-to-time, I plan to review a previous Top Quant Stocks list and see how it did as a whole over time.