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Navigating The Market

Michael J. Kramer, Isaac Leicht

Daily macro, liquidity, and positioning analysis, gamma, CTA flows, and dealer hedging, to help you understand not just what moved, but what's likely to move next.

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Substack
PricingFreemiumPublishesDaily
Issues1831Founded3 years agoLast Issue5 days ago
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Latest Issues

Volatility Collapse Fuels Rally as Market Leadership Narrows

Liquidity is due to thin out as we enter the second half of 2026, and at Navigating The Market, one of the things we focus on is changes in liquidity. Now is the time to join.

The Independence Day Sale is now live.

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5 days ago
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Markets Enter a Potentially Volatile Summer Period Starting This Week

Liquidity is due to thin out as we enter the second half of 2026, and at Navigating The Market, one of the things we focus on is changes in liquidity. Now is the time to join.

The Independence Day Sale is now live.

30% off Monthly and Ann...

7 days ago
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The Independence Day Sale is live — 30% off, forever

Liquidity is due to thin out as we enter the second half of 2026, and at Navigating The Market, one of the things we focus on is changes in liquidity. Now is the time to join.

The Independence Day Sale is now live.

30% off Monthly and Ann...

7 days ago
1

Why Thursday’s June Jobs Report Could Move Markets

Markets may be closed on Friday for the July 4 holiday, but don’t let the shortened trading week fool you. Thursday’s June jobs report could be one of the most important economic releases of the summer.

In this week’s video, I explain why...

7 days ago
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Authors

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  • Michael J. Kramer

    Michael Kramer is a financial market strategist and portfolio manager of the Mott Capital Thematic Growth Portfolio. A former buy-side trader in domestic and international equities, he has been following the markets since the late 1990s.

  • Isaac Leicht

    Founder & Strategist | Subscription Growth, Content, and Monetization | Former News & Media Producer | Helping Analysts & Platforms Build Paying Communities

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