Research
Week of 20 Jul 2026
20 Jul 2026
Opening desk note for the public paper book: markets, book posture, and what we are watching next.
First public week for the Quant Eidolon paper book. The aim is a clear record of process, not a marketing narrative.
Markets
Quiet mid-summer tape across major equities. Crypto stayed range-bound after recent volatility. FX was dominated by dollar positioning and rate expectations rather than a single headline shock.
Book
Paper capital only. Combined NAV and sleeve weights are on Live Paper. This week was about establishing the public snapshot cadence: accounts labeled, fills logged, and language kept honest about simulation.
Sleeves
| Sleeve | Note |
|---|---|
| PEAD | Core equity sleeve. Watching post-print digestion, not day-one noise. |
| Crypto breakout | On the major pairs. No forced trades in a tight range. |
| Equity momentum | Monthly cadence. No special event this week. |
| FX macro desk | Separate OANDA practice NAV. Sized versus total paper capital. |
| Other | Small ballast sleeves unchanged. |
Risks / next week
Liquidity thins into summer. Crypto can gap on weekend news while the equity book is closed. We treat paper fills as optimistic until proven otherwise in live conditions.
Disclaimer
Simulated paper trading. Not live capital. Not investment advice. Past performance, including paper track records, does not guarantee future results.