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<p>Michael A. Gayed, CFA, is chief vtment strategist and -portfol manager at Pensn Partners, LLC

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MICHAEL GAYED

Michael A. Gayed is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and * michael a gayed cfa *

Gayed is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and servic signed for fancial advisors, RIAs, fay offic and vtment managers.

Michael Gayed | Wealth Management.

THE LEAD-LAG REPORTSUBSCRIBESIGN HOMENOTLEAD-LAG LIVEWEEKLY SIGNALSLEARS-LAGGARDSGLOBAL VIEWHIGH YIELD SPOTLIGHTMACRO OBSERVATNSCLOSG THOUGHTS FOR THE WEEKARCHIVELEARBOARDABOUT{"@NTEXT":","@TYPE":"WEBSE","NAME":"THE LEAD-LAG REPORT","PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","LOGO":{"@TYPE":"IMAGEOBJECT","URL":"},"SAMEAS":["]},"URL":","MAENTYOFPAGE":{"@TYPE":"WEBPAGE","URL":"},"SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","POTENTIALACTN":{"@TYPE":"SEARCHACTN","NAME":"SEARCH THE LEAD-LAG REPORT","TARGET":"SEARCH_TERM_STRG}","QUERY-PUT":"REQUIRED NAME=SEARCH_TERM_STRG"}}HIGHER VOLATILY IS COMGAND AI CAN'T STOP IT16 HR AGO • MICHAEL A. GAYED, CFA31SHARE THIS POSTHIGHER VOLATILY IS COPY LKFACEBOOKEMAILNOTOTHERNEWTOPCOMMUNYWHAT IF THE BANK OF JAPAN IS ABOUT TO SHOCK THE MARKET & SUDNLY DROP YIELD CURVE CONTROL? A MASSIVELY UNRAPPRECIATED RISKJUL 27 • MICHAEL A. GAYED, CFA30SHARE THIS POSTWHAT IF THE BANK OF JAPAN IS ABOUT TO SHOCK THE MARKET & SUDNLY DROP YIELD CURVE CONTROL? COPY LKFACEBOOKEMAILNOTOTHERAN ATTRACTIVE 12% YIELD MASKS A LOT OF ISSULOOK TO THE LEFT OF THE EQUAL SIGNJUL 27 • MICHAEL A. GAYED, CFA46SHARE THIS POSTAN ATTRACTIVE 12% YIELD MASKS A LOT OF COPY LKFACEBOOKEMAILNOTOTHERHERE COM THE BANK OF JAPAN SURPRISETHE MOST IMPORTANT CENTRAL BANK NOW ISN'T THE FEDJUL 26 • MICHAEL A. GAYED, CFA29SHARE THIS POSTHERE COM THE BANK OF JAPAN COPY LKFACEBOOKEMAILNOTOTHERCONSUMERS ARE ABOUT TO TAP OUTTECH ISN'T DEAD YET, BUT IT'S BUCKLGJUL 25 • MICHAEL A. GAYED, CFA45SHARE THIS POSTCONSUMERS ARE ABOUT TO TAP COPY LKFACEBOOKEMAILNOTOTHERPUTTG THE BULLS ON NOTICEA SIGNIFINT ROTATN JT HAPPENEDJUL 24 • MICHAEL A. GAYED, CFA31SHARE THIS POSTPUTTG THE BULLS ON COPY LKFACEBOOKEMAILNOTOTHERTHE POSSIBILY OF A WORLD WHOUT PRIVATE OWNERSHIP: A DISCSN WH CAROL ROTHLISTEN NOW (44 M) | PODST OF THE WEEKJUL 23 • MICHAEL A. GAYED, CFA AND CAROL ROTH61SHARE THIS POSTTHE POSSIBILY OF A WORLD WHOUT PRIVATE OWNERSHIP: A DISCSN WH CAROL COPY LKFACEBOOKEMAILNOTOTHER1THE PAST 3 DAYS MAY HAVE CHANGED EVERYTHGTHIS CAN NOT BE IGNOREDJUL 22 • MICHAEL A. GAYED, CFA42SHARE THIS POSTTHE PAST 3 DAYS MAY HAVE CHANGED COPY LKFACEBOOKEMAILNOTOTHERSEE ALLTHE LEAD-LAG REPORTDEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. SUBSCRIBETHE LEAD-LAG REPORTSUBSCRIBEABOUTARCHIVEREMENDATNSSEMAPSHARE THIS PUBLITNTHE LEAD-LAG COPY LKFACEBOOKEMAILNOTOTHERTHE LEAD-LAG REPORT

* michael a gayed cfa *

Michael Gayed. Gayed, CFA, is chief vtment strategist and -portfol manager at Pensn Partners, LLC., an vtment advisor which manag a mutual fund and separate acunts acrdg to s ATAC (Accelerated Time and Capal) strategi foced on flatn rotatn.

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"CAN OVERBOUGHT STAY OVERBOUGHT?","SCRIPTN":"WATCH THE DOLLAR","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-17T14:15:41+00:00","DATEMODIFIED":"2023-07-17T14:15:41+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTCAN OVERBOUGHT STAY OVERBOUGHT?COPY LKFACEBOOKEMAILNOTOTHERWEEKLY SIGNALSCAN OVERBOUGHT STAY OVERBOUGHT?

100,000+ subscribers. Developed om award-wng market rearch, The Lead-Lag Report giv you powerful market sights to improve your long-term vtment strategy. Click to read The Lead-Lag Report, by Michael A. Gayed, CFA, a Substack publitn. * michael a gayed cfa *

Prr to this role, Gayed served as a portfol manager for a large ternatnal vtment group, tradg long/short vtment ias an effort to pture excs returns.

From 2004 to 2008, Gayed was a strategist at AmeriCap Advisers LLC, a registered vtment advisory firm that managed equy portfols for large stutnal clients. Gayed, CFA's Articl | Seekg Alpha. Gayed, CFA, Publisher of The Lead-Lag Report (@leadlagreport), each episo div ep to the mds of dtry experts to discs current market trends, vtment strategi, and the global enomic this excg seri, you'll have the rare opportuny to jo Michael A.

Gayed as he nnects wh proment thought lears for ptivatg discsns real-time. Thank you Michael Gayed!

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"SOMETHG IMPORTANT IS HAPPENG","SCRIPTN":"HOW DO MELT-UPS END?","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-15T15:07:46+00:00","DATEMODIFIED":"2023-07-15T15:07:46+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTSOMETHG IMPORTANT IS COPY LKFACEBOOKEMAILNOTOTHERCLOSG THOUGHTS FOR THE WEEKSOMETHG IMPORTANT IS HAPPENG

Wele to the Lead-Lag Live podst, where we brg you live unscripted nversatns wh thought lears the world of fance, enomics, and vtg. Hosted through Twter Spac by Michael A. Gayed, CFA, Publisher of The Lead-Lag Report (@leadlagreport), each episo div ep to the m… * michael a gayed cfa *

Gayed is a good terviewer and the guts are worth listeng to. Gayed, CFA is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and servic signed for fancial advisors, RIAs, fay offic and vtment is the thor of five award-wng rearch papers on market anomali and vtg. Gayed, CFA is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and servic signed for fancial advisors, RIAs, fay offic and vtment & LotnNov 09, 2022, 11:30 AM – 1:00 PMBirmgham, 1901 6th Ave N Sue 3100, Birmgham, AL 35203, USAGutsAbout the EventMichael A.

Gayed, CFA is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and servic signed for fancial advisors, RIAs, fay offic and vtment managers.

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"THE SWEET SPOT","SCRIPTN":"UNTIL THE CRED EVENT","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-19T17:09:15+00:00","DATEMODIFIED":"2023-07-19T17:09:15+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTTHE SWEET COPY LKFACEBOOKEMAILNOTOTHERGLOBAL VIEWTHE SWEET SPOT

Michael A. Gayed, CFA is Portfol Manager at Toroso Invtments, an vtment management pany specializg ETF foced rearch, vtment strategi and servic signed for fancial advisors, RIAs, fay offic and vtment managers. * michael a gayed cfa *

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"A PRETTY GOOD JAPAN FUND","SCRIPTN":"FIGHTG A CHALLENGG BACKDROP","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-20T13:46:17+00:00","DATEMODIFIED":"2023-07-20T13:46:17+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTA PRETTY GOOD JAPAN COPY LKFACEBOOKEMAILNOTOTHERHIGH YIELD SPOTLIGHTA PRETTY GOOD JAPAN FUND

SCHOLARSHIPSCHOLARSHIPHOMEABOUT USLEARSHIPPUTTG INVTORS FIRSTCANDIDATWHY CFA CHARTER?CAREER CENTERMEMBERSHIPNEWS & EVENTSANNUAL FOREST DNERUPG EVENTSPAST EVENTSREARCH CHALLENGEWIMCONTACTMORE...USE TAB TO NAVIGATE THROUGH THE MENU EMS.ALL POSTSUPG EVENTSPAST EVENTSSEARCHCFA SPEAKER SERI: MICHAEL A. GAYED, CFA

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"MARKET BREADTH WINS","SCRIPTN":"BUT EXTREME RISK-ON HAS PEAKED","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-18T14:15:14+00:00","DATEMODIFIED":"2023-07-18T14:15:14+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTMARKET BREADTH COPY LKFACEBOOKEMAILNOTOTHERLEARS-LAGGARDSMARKET BREADTH WINS

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"TWO MAJOR CATALYSTS","SCRIPTN":"MOMENTUM BUILDS","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-12T17:48:40+00:00","DATEMODIFIED":"2023-07-12T17:48:40+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTTWO MAJOR COPY LKFACEBOOKEMAILNOTOTHERGLOBAL VIEWTWO MAJOR CATALYSTS

SCHOLARSHIPSCHOLARSHIPHOMEABOUT USLEARSHIPPUTTG INVTORS FIRSTCANDIDATWHY CFA CHARTER?CAREER CENTERMEMBERSHIPNEWS & EVENTSANNUAL FOREST DNERUPG EVENTSPAST EVENTSREARCH CHALLENGEWIMCONTACTMORE...USE TAB TO NAVIGATE THROUGH THE MENU EMS.WED, NOV 09 | BIRMGHAMCFA SPEAKER SERI: MICHAEL A. GAYED

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"CAN OVERBOUGHT STAY OVERBOUGHT?","SCRIPTN":"WATCH THE DOLLAR","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-17T14:15:41+00:00","DATEMODIFIED":"2023-07-17T14:15:41+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTCAN OVERBOUGHT STAY OVERBOUGHT?COPY LKFACEBOOKEMAILNOTOTHERWEEKLY SIGNALSCAN OVERBOUGHT STAY OVERBOUGHT?

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"THE SWEET SPOT","SCRIPTN":"UNTIL THE CRED EVENT","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-19T17:09:15+00:00","DATEMODIFIED":"2023-07-19T17:09:15+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTTHE SWEET COPY LKFACEBOOKEMAILNOTOTHERGLOBAL VIEWTHE SWEET SPOT

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"A PRETTY GOOD JAPAN FUND","SCRIPTN":"FIGHTG A CHALLENGG BACKDROP","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-20T13:46:17+00:00","DATEMODIFIED":"2023-07-20T13:46:17+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTA PRETTY GOOD JAPAN COPY LKFACEBOOKEMAILNOTOTHERHIGH YIELD SPOTLIGHTA PRETTY GOOD JAPAN FUND

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"SOMETHG IMPORTANT IS HAPPENG","SCRIPTN":"HOW DO MELT-UPS END?","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-15T15:07:46+00:00","DATEMODIFIED":"2023-07-15T15:07:46+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTSOMETHG IMPORTANT IS COPY LKFACEBOOKEMAILNOTOTHERCLOSG THOUGHTS FOR THE WEEKSOMETHG IMPORTANT IS HAPPENG

THE LEAD-LAG REPORTSUBSCRIBESIGN {"@NTEXT":","@TYPE":"NEWSARTICLE","URL":","MAENTYOFPAGE":","HEADLE":"MARKET BREADTH WINS","SCRIPTN":"BUT EXTREME RISK-ON HAS PEAKED","IMAGE":[{"@TYPE":"IMAGEOBJECT","URL":"}],"DATEPUBLISHED":"2023-07-18T14:15:14+00:00","DATEMODIFIED":"2023-07-18T14:15:14+00:00","ISACCSIBLEFORFREE":FALSE,"THOR":[{"@TYPE":"PERSON","NAME":"MICHAEL A. GAYED, CFA","URL":","SCRIPTN":"5X DOW & FOUNRS AWARD WNER. RISK-ON/OFF $RORO ETF, JUNK-ON/OFF $JOJO ETF, & $ATACX MUTUAL FUND PORTFOL MANAGER. PUBLISHER OF THE LEAD-LAG REPORT.","INTIFIER":"ER:17118252","SAMEAS":["],"IMAGE":{"@TYPE":"IMAGEOBJECT","NTENTURL":","THUMBNAILURL":"}}],"PUBLISHER":{"@TYPE":"ORGANIZATN","NAME":"THE LEAD-LAG REPORT","URL":","SCRIPTN":"DEVELOPED OM AWARD-WNG MARKET REARCH, THE LEAD-LAG REPORT GIV YOU POWERFUL MARKET SIGHTS TO IMPROVE YOUR LONG-TERM VTMENT STRATEGY. ","TERACTNSTATISTIC":{"@TYPE":"INTERACTNCOUNTER","NAME":"SUBSCRIBERS","TERACTNTYPE":","ERINTERACTNCOUNT":100000},"INTIFIER":"PUB:1562645","LOGO":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"IMAGE":{"@TYPE":"IMAGEOBJECT","URL":","NTENTURL":","THUMBNAILURL":"},"SAMEAS":["]}}SHARE THIS POSTMARKET BREADTH COPY LKFACEBOOKEMAILNOTOTHERLEARS-LAGGARDSMARKET BREADTH WINS

*BEAR-MAGAZINE.COM* MICHAEL A GAYED CFA

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ontend-pencraft-Text-module__weight-normal--s54Wf ontend-pencraft-Text-module__font-text--QmNJR ontend-pencraft-Text-module__lor-sendary--WRADg ontend-pencraft-Text-module__ret--dW0zZ ontend-pencraft-Text-module__body4--Pl3xY">Other</div></button></div></div></div></div></div></div></div><div class="post-hear"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt post-label"><a href=" class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Text-module__size-14--Ume6q ontend-pencraft-Text-module__le-height-20--p0dP8 ontend-pencraft-Text-module__weight-medium--x7khA ontend-pencraft-Text-module__font-meta--U_nxy ontend-pencraft-Text-module__lor-sendary--WRADg ontend-pencraft-Text-module__transform-upperse--IDkUL ontend-pencraft-Text-module__ret--dW0zZ ontend-pencraft-Text-module__meta--jzHdd">Lears-Laggards</a></div><h1 class="post-tle unpublished">Market Breadth Wins</h1><h3 class="subtle">But Extreme Risk-On Has Peaked</h3><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-directn-lumn--Rq7pk ontend-pencraft-Box-module__paddg-bottom-16--KVxKv"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-directn-lumn--Rq7pk ontend-pencraft-Box-module__paddg-y-16--ohCEm"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-jtify-start--_8fEd ontend-pencraft-Box-module__flex-align-center--rSd6h ontend-pencraft-Box-module__flex-gap-12--rODKq"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt"><div class="pencraft ontend-pencraft-Box-module__flexGrow--mx4xz ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-align-center--rSd6h ontend-pencraft-Box-module__flex-gap-8--HFpIK facepile"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-align-center--rSd6h"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-align-center--rSd6h ontend-ponents-Facepile-module__fac--FVkdk ontend-ponents-Facepile-module__size-40--pH6IT"><div class="profile-hover-rd-target ontend-rear2-ProfileAndPublitnHoverCard-module__profileHoverCardTarget--Od_YL"><a href=" target="_blank" rel="noopener" class="pencraft ontend-pencraft-Box-module__flexAuto--CnX9I ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt"><picture><source type="image/webp" srcset=" /><img src=" siz="100vw" alt style="z-x: 1;" width="80" class="ontend-ponents-rponsive_img-module__img--Pgjj2 facepile-face ontend-ponents-Facepile-module__face--uAQkp ontend-ponents-Facepile-module__size-40--pH6IT ontend-ponents-Facepile-module__first--TZamh ontend-ponents-Facepile-module__last--DT3p3" /></picture></a></div></div></div></div></div><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-directn-lumn--Rq7pk"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Text-module__size-11--k1e8b ontend-pencraft-Text-module__le-height-20--p0dP8 ontend-pencraft-Text-module__weight-medium--x7khA ontend-pencraft-Text-module__font-meta--U_nxy ontend-pencraft-Text-module__lor-pub-primary-text--RzL7j ontend-pencraft-Text-module__transform-upperse--IDkUL ontend-pencraft-Text-module__ret--dW0zZ ontend-pencraft-Text-module__meta--jzHdd"><div class="profile-hover-rd-target ontend-rear2-ProfileAndPublitnHoverCard-module__profileHoverCardTarget--Od_YL"><a href=" class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Text-module__ratn-hover-unrle--BEYAn ontend-pencraft-Text-module__ret--dW0zZ">Michael A. Gayed, CFA</a></div></div><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-gap-4--zeW5_"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Text-module__size-11--k1e8b ontend-pencraft-Text-module__le-height-20--p0dP8 ontend-pencraft-Text-module__weight-medium--x7khA ontend-pencraft-Text-module__font-meta--U_nxy ontend-pencraft-Text-module__lor-pub-sendary-text--OzRTa ontend-pencraft-Text-module__transform-upperse--IDkUL ontend-pencraft-Text-module__ret--dW0zZ ontend-pencraft-Text-module__meta--jzHdd">Jul 18, 2023</div><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Text-module__size-11--k1e8b ontend-pencraft-Text-module__le-height-20--p0dP8 ontend-pencraft-Text-module__weight-medium--x7khA ontend-pencraft-Text-module__font-meta--U_nxy ontend-pencraft-Text-module__lor-pub-sendary-text--OzRTa ontend-pencraft-Text-module__transform-upperse--IDkUL ontend-pencraft-Text-module__ret--dW0zZ ontend-pencraft-Text-module__meta--jzHdd">∙ Paid</div></div></div></div></div><div class="pencraft ontend-pencraft-Box-module__flexGrow--mx4xz ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-jtify-space-between--NvIcg ontend-pencraft-Box-module__flex-align-center--rSd6h ontend-pencraft-Box-module__flex-gap-16--TpblU ontend-pencraft-Box-module__paddg-y-16--ohCEm ontend-pencraft-Box-module__borr-top-tail-themed--e17yZ ontend-pencraft-Box-module__borr-bottom-tail-themed--eVwFY post-ufi"><div class="pencraft ontend-pencraft-Box-module__ret--VfQY8 ontend-pencraft-Box-module__display-flex--ZqeZt ontend-pencraft-Box-module__flex-gap-8--HFpIK"><div class="like-button-ntaer post-ufi-button style-button"><a role="button" class="post-ufi-button style-button has-label wh-borr"><svg role="img" style="height: 20px; width: 20px;" width="20" height="20" viewBox="0 0 24 24" fill="#000000" stroke-width="2" stroke="#000" xmlns=" class="in"><g><tle>.

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