Banks, Lenders & Brokerage Platforms

Own financial intermediaries whose core businesses monetize lending, client assets and trading activity, rather than payment-network tolls or AI-fintech narratives. Recent pullbacks in several bank and brokerage names offer an entry ahead of upcoming earnings, when funding costs, credit quality and client activity can test the investment case. The basket combines established banking and wealth franchises with digital intermediaries; credit deterioration and weaker trading activity are the principal risks. Launch basket (equal weight): JPM, AXP, NU, HOOD, COIN, MS, SCHW, IBKR Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.