Oxford Ledge — markets, SEC filings, and free finance lessons. Thursday, September 10th.
A research platform for lifelong students and investors — live markets, SEC filings, and over four hundred free lessons.
LEDGE FACTFibonacci retracements (23.6%, 38.2%, 50%, 61.8%) mark potential support and resistance levels Technical indicators describe past price patterns and are not predictive of future movements.
Today's headlines
U.S. crude oil tops $100 per barrel as market braces for prolonged Iran war
Monetary policy decisions (ECB)
Start with a lesson
No account needed — the lessons are free. Begin with how the market actually works, in plain English, a few minutes at a time.
BDC universe
Business-development companies are private-credit funds that file their loan books quarterly. Most-held borrower across BDCs: iCIMS, Inc. — Software (9 BDCs have reported exposure).
13F holdings
Large investment funds must disclose their U.S. stock holdings every quarter. Baupost Group opened a new ~$137M position in Cme Group (CME).
Tiger Global Management opened a new ~$663M position in Cerebras Systems (CBRS).
From the reading list — Memo
Howard Marks: “Easy Money”
Markets
S&P 500 — down 0.46% on the day.
What’s new
- Lessons now read in shorter beats, with more practiceTwelve of the longest LEARN lessons were restructured into headed panels with new check-in questions at the natural pause points - every figure independently verified three ways.
- An Earnings chip joins the news filtersOne click shows earnings-release headlines for the tickers you follow - reports, results and guidance, without wading through the full feed.
- Your daily refresher greets you on the Markets viewA quiet strip under the market calendar shows your 7-day practice ring and streak, with a one-click jump into today's five questions.