Vinay Tolia | Feb 22, 2026

Unloved and Underexposed - XLE

Weekly Market Commentary

What's the best performing sector this year that almost nobody owns? Energy. Up 20% YTD while the S&P is flat and tech is negative. Yet the average portfolio has

Read More

Vinay Tolia | Feb 22, 2026

Volatility Pulse - Sector Whiplash

Weekly Market Commentary

Tariff Whiplash

90% of Tariffs Fell on Americans

NY Fed research indicates nearly 90% of tariff costs were borne by US firms and consumers through November 2025

Read More

Vinay Tolia | Feb 19, 2026

The Real Magnificent Ones

ideas

What's outperformed the Mag 7 over the last year? European financials. Mag 7 33x Trailing P/E   EUFN 14x Trailing P/E 1-Year Return Mag 7: +24% EUFN: +63% EUFN vs Mag 7: 1

Read More

Vinay Tolia | Feb 19, 2026

Software Market Dislocation?

Idea

Opportunities in the software sector?

Read More

Vinay Tolia | Feb 19, 2026

Volatility Pulse - Hardware is Eating the World

Weekly Market Commentary

Hardware companies eat into tech

Read More

Vinay Tolia | Feb 19, 2026

Volatility Pulse — Best of Times...Worst of Times

Weekly Market Commentary

Very Different States of mind between sectors

Read More

Vinay Tolia | Feb 19, 2026

Volatility Pulse - Still Waters Run Deep

Weekly Market Commentary

Market is Calm but seems to be masking something

Read More

Vinay Tolia | Feb 19, 2026

Volatility Pulse - The Magnificent Markdown

Weekly Market Commentary

The market rerates what it considers fair value multiples should be

Read More

Marine Layer Advisors | May 22, 2025

Capitalizing on Low Volatility

In the world of structured notes and option strategies, the prevailing belief is that low volatility equates to fewer opportunities.

Read More

Marine Layer Advisors | May 22, 2025

Practical Guide to Buffer vs. Barrier protection

By their very nature the Options and Derivative instruments within Structured Notes can be complicated.

Read More