The Format

Six sections.
Every morning.

Market intelligence structured the same way every day. You know exactly what you're getting before you open it. Routine is the product.

What it is

The single most important event that happened overnight. One market-moving story — Fed minutes, earnings shock, geopolitical development, supply disruption, central bank decision.

3–4 sentences. No opinion. What happened, what moved, why it matters before the open.

Read time target: 60 seconds.

What qualifies

  • Fed decisions, minutes, or speaker comments
  • Major macro surprises (CPI, NFP, GDP, PCE)
  • Earnings that moved an index or sector
  • Geopolitical events with direct price impact
  • Central bank policy shifts (ECB, BOJ, PBOC)
  • Supply shocks — oil, commodities, semiconductors
If it didn't move a price, it's not the overnight signal.

What it is

The key overnight market moves. Futures, rates, FX, commodities. Each shown with % change. One sentence of context if a move exceeds 1%. Nothing if it moved within normal range.

Silence is data. Not everything needs an explanation.

Read time target: 60 seconds.

Markets covered

  • S&P 500 futures — US large-cap benchmark
  • NASDAQ futures — tech-weighted
  • Dow Jones futures
  • 10Y US Treasury Yield
  • EUR/USD — primary FX proxy
  • WTI Crude Oil
  • Gold (spot)
  • VIX — fear gauge, when relevant

What it is

Crypto percentage moves: BTC, ETH, SOL, BNB, XRP. Then premarket movers: NVDA, TSLA, AAPL, META, MSFT. Pro subscribers get earnings impact notes.

Crypto is treated as a risk sentiment indicator — not a trading recommendation. Stocks are selected based on premarket volume and news relevance.

Read time target: 30 seconds.

Crypto covered

  • Bitcoin (BTC) — primary risk proxy
  • Ethereum (ETH)
  • Solana (SOL)
  • BNB
  • XRP

Key stocks

  • NVDA, TSLA, AAPL, META, MSFT
  • Premarket % move only
  • Context added if earnings-related

What it is

Up to three scheduled macro events for today that have the potential to move markets. Time (EST), event name, consensus expectation. Pro subscribers get one additional sentence: the likely reaction if the number surprises.

Read time target: 30 seconds.

Event types

  • US economic data — CPI, NFP, Retail Sales, GDP, PCE
  • Federal Reserve speakers and FOMC decisions
  • Major earnings — S&P 500 components only
  • Treasury auctions when size is market-relevant
  • International central bank decisions (ECB, BOJ, BOE)
Maximum three items. If nothing is scheduled, one line says so.

What it is

The next trading day's earnings calendar. Split into Before Open and After Close. Traders use this to position ahead of volatility — knowing what's coming before it arrives is half the edge.

S&P 500 components only. No micro-cap noise.

Format

  • Before Open — companies reporting pre-market
  • After Close — companies reporting post-market
  • Pro: consensus EPS estimate included
  • Pro: sector impact note for large-cap beats/misses

What it is

A 5-day forward calendar of events that have the potential to move markets. Fed speakers, macro data releases, earnings clusters, options expiries. Rated by expected impact.

No noise. Only events that historically move prices.

Format

  • Date + time (EST) for each event
  • Impact rating: LOW / MED / HIGH
  • Pro: consensus expectation included
  • Pro: reaction scenarios — what happens if it surprises
What arrives at 06:00 — all 9 sections

This is what
arrives at 6AM.

This is the actual email. Watch it scroll, or hover to pause and read. Every section, every weekday — for Pro subscribers.

PRO
FRI 10 APR · 06:00 ET
38
Session Score
Steady
VIX at 18.93 signals moderate fear; options pricing 1.2% daily S&P moves.
CalmElevatedHigh Risk
Gold hits $4,816 as 10Y yield rises 0.33% to 4.31% simultaneously.
01 — Overnight Signal
TSMC Surges; CPI Surprise Rattles Rate Bets
Nasdaq surged 1.53% to 22,981 led by TSMC after the chipmaker reported stronger-than-expected Q1 revenue up 16% quarter-over-quarter. A surprise CPI print — core month-over-month coming in at 0.4% versus the 0.3% consensus — pushed the 10-year yield 3.3 basis points higher to 4.31%, pressuring rate-sensitive sectors. The S&P 500 held its critical 6,800 support level for the third consecutive session, while the Dow stalled at 48,092, unable to reclaim the 48,200 resistance zone.
02 — Global Markets
S&P 500
6,840
+0.85%
NASDAQ
22,981
+1.53%
DOW
48,092
+0.38%
10Y YLD
4.31%
+0.33%
WTI Oil
97.40
−0.48%
Gold
4,816
+0.50%
BTC
73,082
+3.32%
VIX
18.93
−2.87%
03 — Crypto
BTC
+3.32%
ETH
+3.93%
SOL
+4.35%
BNB
+1.23%
XRP
+2.44%
04 — Watch Today PRO
PRE-MKT
TSMC ADR holding above $198 after earnings gap
If TSMC holds above $198 at the open, Nvidia and AMD likely follow with 2%+ sympathy moves.
↗ Watch SOX index 3,850 level as the semiconductor sector tell.
HIGH
08:30
University of Michigan Consumer Sentiment — April Preliminary
Consensus at 54.5. A print above 56.0 gives the Fed cover to hold longer.
HIGH
05 — Earnings PRO
JPM
JPMorgan ChaseFinancials
$4.61EPS Est.
HIGH
WFC
Wells FargoFinancials
$1.23EPS Est.
HIGH
06 — What's Coming PRO
TODAY
UMich Consumer Sentiment April Prelim 10:00 ET
MON
Fed's Williams speaks 13:00 ET
WED
Fed Beige Book + ASML Earnings Pre-Market
FRI
NFP Jobs Report 08:30 ET
07 — Headlines
· 3 Reasons to Sell KAI and 1 Stock to Buy Instead
· Dow Wavers On Surprise CPI Data; TSMC Jumps
· Amazon's Amazing Comeback
08 — The Pulse
Today is a binary event: bank earnings and UMich inflation expectations will either confirm the 6,800 floor or crack it before the weekend.
ORVAIN PRORead. Know. Trade.
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What you get

Same format. More depth per tier.

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The signal, always.
  • Overnight Signal
  • Global Markets — 8 symbols
  • Crypto — BTC, ETH, SOL, BNB, XRP
  • Delivered at 06:00 EST
  • Forever free
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