Methodology
How we decide what ships and what does not.
Where the data comes from
Price and volume for each sector ETF come from Polygon, along with the previous session's reference close. Headlines come from news providers with their link, and are quoted literally in their original language: translating a headline is rewriting it.
When a provider does not answer, that gap is recorded and the engine is forbidden from writing about what it could not read. A day without macro data is a day without sentences about inflation, not a day when we invent them.
How we decide there is a thesis
Three agents read the same sector table independently and none of them sees the others' output: two independent readings agreeing is information, chaining them would turn agreement into echo. A thesis only ships if it clears a threshold set in advance.
Most days there is no new thesis. That is not a failure of the system: it is the most common outcome, and the email says so plainly.
What gets checked before sending
All the text passes through a gate that rejects the entire edition if personal advice appears in either language. A third-party headline that trips the gate is dropped on its own and the edition ships: how Reuters writes is not under our control, but our prose is.
Every figure in the prose has to trace to something published next to it — a piece of evidence, the reference price, or that sector's move for the day — or the edition does not ship. A figure the reader cannot check against what is in front of them is not a citation, it is a bare assertion.
How the record is kept
Each thesis is stored with the reference price of the day it was published, and is valued against that price from then on. It is not revised, not rewritten and not deleted: the track record includes the ones that went wrong.
A thesis closes when we publish an opposite-stance thesis on the same sector, and it closes at that day's price. If we cannot get a price to value it on a given day, the gap is published with its reason instead of an estimate.
What this is not
This is not financial advice or a personal recommendation. Apertture publishes general market analysis under the publisher's exemption of the Investment Advisers Act of 1940, §202(a)(11)(D), and is not a registered investment adviser.
We do not know how much money you have, over what horizon you invest, or how much risk you can carry. Any product that tells you what to buy without knowing that is selling you something else.