Value Shopping & Budget Dining

This basket targets businesses selling everyday affordability through warehouse shopping, discount retail, quick-service meals and packaged food. The distinction is household budget substitution rather than broad consumer spending: shoppers can trade down while these businesses retain their custom. With market breadth mixed, the emphasis is on recurring household purchases rather than a rebound in discretionary demand. Launch basket (equal weight): WMT, COST, TJX, MCD, PEP, YUM, QSR, TGT, KHC, GIS 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.