Every release, traced to what it does to your positions.

engulfing reads the macro calendar, scores what each event does to the instruments you follow, and turns that into a position with an entry, a target and the conditions that would end it.

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This week live
Thu 14:15 Monetary Policy Decision impact
Thu 14:30 PPI impact
Thu 14:30 Jobless Claims impact
Thu 16:00 Existing Home Sales impact
Fri 14:30 Core CPI impact
Fri 14:30 CPI impact
The impact column is the number each release is expected to move the instruments you follow — members only.
53129.00
-1.15%
DJI
7722.75
-0.41%
SPX
29621.75
+0.33%
NDQ
107.5156
-0.38%
TN10
102.5938
-0.20%
TN02
92.91
+1.76%
CL
98.75
-0.25%
DXY
1.1627
-0.02%
EURUSD

On the wire live

South Africa GDP (Y/Y) Q2: 0.9% (est 1.2%; prev 1.9%) - GDP SA (Q/Q): -0.2% (est -0.1%; prev 0.5%; prev R 0.4%)
BoJ Yen Index Sep-08: 74.56 (prev 73.67) READ HERE
Cited in this morning's rundown: 1. Japan’s GDP Growth Revised Higher, Backing BoJ Rate Hike Case (@business) https://t.co/59DjTPqRmg 2. China’s 25% Export Surge Sets Stage For Record Annual Trade Surplus (@FT) https://t.co/0JZu0LW2Hr 3. Anthropic And OpenAI Bankers Push For Top-Tier Credit Ratings Post-IPO (@FT) https://t.co/5aMd3yg2vc 4. ASML Wins Over Top Chipmakers For New EUV Machines (@business) https://t.co/GeZQ3Wq60B
Novartis Shares Now Down 10%, On Track For Worst Day Ever
France Trade Balance (EUR) Jul: -6.669B (prev -5.847B; prev R -5.751B) - Current Account Balance: -5.751B (prev -1.4B; prev R -1.6B)
TSMC Plans To Use ASML Top Tool For Advanced Nodes From 2030
Germany Trade Balance (EUR) SA Jul: 21.3B (est 15.8B; prev 15.4B) - Exports SA (M/M): -0.8% (est 0.3%; prev 0.9%) - Imports SA (M/M): -5.7% (est -1.0%; prev 4.4%; prev R 4.5%)
RBA’s Hunter Says Inflation Top Priority, May Have To Raise Rate - BBG READ HERE
China Trade Balance Aug: $119.09B (est $119.05B; prev $112.50B) - Exports (Y/Y): 25.0% (est 25.0%; prev 23.9%)  - Imports (Y/Y): 28.2% (est 30.0%; prev 27.5%)
China Trade Balance Aug: $119.09B (est $119.05B; prev $112.50B) - Exports (Y/Y): 25.0% (est 25.0%; prev 23.9%)- Imports (Y/Y): 28.2% (est 30.0%; prev 27.5%)
Wheat Jumps As Russia Focused On Ukraine War Despite US Talks - BBG READ HERE
Zelensky: US Exploring Russia-Ukraine Winter De-escalation Steps – Axios READ HERE

How it reads the market

Three steps, in this order. A release is scored before it becomes a position, and the order is the whole argument.

01 — THE CALENDAR

Every release, weighted

CPI, payrolls, FOMC, GDP, earnings. Each one carries a forecast, a prior and a weight, so a quiet week is visibly quiet and a loaded one is visibly loaded.

02 — THE IMPACT GRAPH

Traced to the instrument

A release does not move an index directly. It moves real yields, the dollar, earnings breadth — and those move the index. The graph carries that path, with a weight on every edge.

03 — THE POSITION

Stated as something to do

Long or short, since when, at what level, with a target and the exit conditions that would end it. Checked and dated, so you can tell a current view from a stale one.

What you get inside

One workspace: the markets you follow, the calendar that moves them, and the journal of what you did about it.

Dashboard

Today in one screen — open positions, what is due before the close, and the releases already scored.

Markets

Indices, sectors, commodities, FX, crypto and bonds. Per instrument: the drivers ranked by weight, its events, its news, its candlesticks.

Watchlist

Star what you actually follow and it pins to the top of every page.

Positioning & journal

Long-, medium- and short-term stances with entries, targets and exit conditions — and the record of what was taken.

Radar & tactics

What is building before it is news, and the tactical read on each instrument.

Three perspectives

Stocks, FX and crypto — the same machinery, pointed at the market you trade.

Ask for an account

New accounts are opened by hand at the moment. Write to us and we will set one up.