Thanks Joe! Another recommendation almost sure to pay off. Joe Duarte’s latest update exemplifies the discipline and probabilistic thinking that distinguish professional portfolio management—especially when supported by a demonstrable track record—from reactive trading. Over multiple market cycles, the Weekender Portfolio has consistently applied market-regime assessment, technical confirmation (including Bollinger Band compression, OBV, and ADI), and clearly specified options payoff structures to translate contrarian views into controlled-risk outcomes. Particularly compelling is the sustained use of income-generating option spreads with asymmetric return profiles, a design choice well aligned with the empirical literature showing that volatility harvesting and time decay can deliver persistent excess returns when paired with disciplined entry, position sizing, and exit criteria.

The new TRMB recommendation is further reinforced by options-implied positioning. Using open-interest–weighted strike data (source: Polygon), the weighted average strike and its confidence bounds show a clear upward drift into early 2026, with asymmetric expansion of the +1σ and +2σ ranges relative to the downside envelope. This skewed dispersion suggests rising convexity demand rather than simple range continuation and aligns closely with the accumulation and squeeze dynamics highlighted in the technical setup. Rather than chasing narratives, the framework reflects a repeatable, execution-tested process grounded in trend persistence, liquidity conditions, and investor positioning—precisely the environments in which contrarian strategies with verified histories tend to outperform over full market cycles.

References

• Baker, M., & Wurgler, J. (2006). Investor Sentiment and the Cross-Section of Stock Returns. Journal of Finance, 61(4), 1645–1680.

• Moskowitz, T. J., Ooi, Y. H., & Pedersen, L. H. (2012). Time Series Momentum. Journal of Financial Economics, 104(2), 228–250.

• Frazzini, A., & Pedersen, L. H. (2014). Betting Against Beta. Journal of Financial Economics, 111(1), 1–25.

• Carr, P., & Madan, D. (2001). Optimal Positioning in Derivative Securities. Quantitative Finance, 1(1), 19–37.

• Duarte, J., & Jones, C. (2007). The Price of Market Volatility Risk. Journal of Financial Economics, 83(1), 117–145.