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Market mood
A headline-level summary when the first approved reading is published.
Read the framework
Espresso Index
Understand the mood. See the signals.A framework for reading market conditions in context.
Explore the frameworkThe market perspective
First reading in preparation · No live data displayedOur first reading is in preparation. Each published reading will carry an as-of date, the signals behind it and an explanation of what they show.
No numeric score is published until the data and methodology have been reviewed.
The four key signals
What free members can see
An introduction to the Espresso Index
Free preview
A headline-level summary when the first approved reading is published.
Read the framework
Free preview
An introduction to participation, momentum, volatility and credit.
Read the framework
Free preview
Selected public context, separate from the complete paid analysis.
Read the frameworkCompanies to watch
Paid research · plannedThe member watchlist is in preparation. Espresso Pro is planned to bring together company research, the evidence behind each selection and the developments we are watching next.

The business case, financial evidence and questions that could change our view.
Planned for Espresso Pro →

The rationale for following a company, with dated catalysts and counterarguments.
Planned for Espresso Pro →

Follow-up analysis as new company reports and material developments arrive.
Planned for Espresso Pro →
Research preview unavailable.
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Research preview unavailable.
Explore paid membership →
Research preview unavailable.
Explore paid membership →
Research preview unavailable.
Explore paid membership →
Research preview unavailable.
Explore paid membership →
Research preview unavailable.
Explore paid membership →
Paid research is not available yet. This preview explains the planned coverage; it contains no protected reports or active watchlist recommendations.
A deeper perspective
Planned for eligible paid members: complete readings and interpretation before the regular US market opens on trading days. Delivery begins once the workflow is approved.
Explore paid accessOur methodology
Framework overview · methodology awaiting final approvalFour lenses for asking better questions about market conditions. Inputs, weights and update rules will be documented before the first reading.
How broadly a market move is shared across stocks and sectors.
The direction and persistence of price trends over a defined period.
The scale of market fluctuations and changes in uncertainty.
Financing conditions and signs of stress in credit markets.
Market conditions
A proposed numeric framework for participation, momentum, volatility and credit. The first reading will follow a documented methodology and approved data.
Company evidence
The arrows in our company articles are dated qualitative assessments: ↑ strengthened, → mixed and ↓ weakened. They describe how evidence affects the business case. They are separate from the market Index, do not represent a change in a numeric score and do not predict share-price direction.
We will document data sources, market coverage, observation periods, normalisation, weights, missing-data treatment and update rules. Each reading will identify its date and methodology version. The framework remains in development; no live reading or investment recommendation is implied by this preview.
A deeper perspective
Complete Index interpretation and company research are planned paid benefits. Free signup provides selected public previews.
Compare membershipDraft website preview. Articles and membership availability remain subject to approval. Images are editorial illustrations.