3K+
free subscribers

Navigating The Market

About the Substack

Daily macro, liquidity, and positioning analysis, gamma, CTA flows, and dealer hedging, to help you understand not just what moved, but what's likely to move next.

Free Subscription Benefits

  • Daily market intelligence covering stocks, bonds, currencies, commodities, and options positioning, what's moving the tape and why.

Paid Subcription Benefits

  • Daily reports and videos on stocks, rates, FX, and commodities, combining macro trends, gamma positioning, CTA flows, and dealer hedging.
  • Predictive analysis using cross-asset frameworks by connecting credit spreads, liquidity, global yields, and option positioning, built to flag future market moves.
  • Subscriber-only chatroom with direct Q&A access, and real-time discussion.

Paid Subscription Plans

  • $85 a month
  • $750 a year

About Michael J. Kramer

Michael Kramer is a financial market strategist and portfolio manager of the Mott Capital Thematic Growth Portfolio. A former buy-side trader in domestic and international equities, he has been following the markets since the late 1990s.

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