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Documentos de investigación y explicaciones
Piezas en lenguaje sencillo de Kresmion Research, en dos tipos: estudios que analizan las cifras de nuestros propios datos, y explicaciones que enseñan un concepto. Solo información, Kresmion no hace recomendaciones de compra ni de venta.
Los artículos se publican en inglés.
Estudios: qué muestran los datos
Informes de datos que analizan las cifras de los propios conjuntos de datos de Kresmion: flujos 13F, el régimen macro, la actividad de ballenas en cadena y más. Cada cifra está atribuida a su fuente.
- La operacion de memoria para IA acaba de vivir su Martes Negro. Los especuladores ya estaban netamente cortos en el Nasdaq en un extremo de un ano.Leer el estudio →
- The US Market Regime on September 30, 2026, in NumbersLeer el estudio →
- A Week Before Resolution, How Well Does the Crowd Price Prediction Markets?Leer el estudio →
- Follow the Crowd, Do Not Fade It: What a Year of Speculative Positioning Actually PredictsLeer el estudio →
- More Than Half of AST SpaceMobile's Last Reported Revenue Was a Sale to a Company It Half Owns. Three Other Things in the Filings.Leer el estudio →
- Warsh Inherited a 6.7 Trillion Dollar Balance Sheet. Here Is Where Its Liquidity Stance Shows Up in Our Regime Score.Leer el estudio →
- Private Credit's Gates Came Down in June. We Checked Which Numbers Held Up.Leer el estudio →
- Bitcoin Is Down 48 Percent From Its Peak. Riot, Galaxy, and Mara Climbed Anyway. The Difference Was AI Data Centers.Leer el estudio →
- Inside Amazon: Where the Money Comes From, Why the Cloud Earns the Profit, and Why It Builds Its Own ChipsLeer el estudio →
- Is the 2026 Stock Advance Broad, or Just a Few Names? A Breadth StudyLeer el estudio →
- Did the Stocks Hedge Funds Bought Most in Q1 Beat the Market?Leer el estudio →
- The Biggest Bitcoin and Solana Whale Flows on the TapeLeer el estudio →
- The Stocks Hedge Funds Bought Most in Q1 2026Leer el estudio →
- What Happened to Stocks, Bonds, and Gold After Fed Rate Decisions: 17 Events, 2022 to 2025Leer el estudio →
- Private Credit's Public Shadow: What Institutional Positioning Shows, and What It Can'tLeer el estudio →
Explicaciones: cómo funciona
Definiciones en lenguaje sencillo de las métricas y la mecánica detrás de los datos, con un ejemplo resuelto a partir de las propias cifras de Kresmion.
- What Is Trading Volume? How Volume Is Counted and Read on a ChartLeer la explicación →
- Technical vs Fundamental Analysis: What Each Studies and What Research ShowsLeer la explicación →
- What Is Support and Resistance? How Chart Levels Are Drawn and Their LimitsLeer la explicación →
- What Is a Stop Order? Stop vs Stop-Limit Orders Explained With ExamplesLeer la explicación →
- What Is Bitcoin? How the Network, the 21 Million Supply and Its Markets WorkLeer la explicación →
- What Is the Bitcoin Halving? Every Halving Date, Block Height and the Supply ScheduleLeer la explicación →
- What Is Ethereum? Smart Contracts, Gas, ETH Supply and Proof of StakeLeer la explicación →
- What Is Staking in Crypto? How Proof-of-Stake Rewards, Risks and Lock-Ups WorkLeer la explicación →
- What Are Bollinger Bands? How the 20-Period, Two Standard Deviation Bands WorkLeer la explicación →
- Market Order vs Limit Order: What Each Guarantees, With an Order Book ExampleLeer la explicación →
- What Is VWAP? The Volume-Weighted Average Price Explained With a Worked ExampleLeer la explicación →
- What Is MACD? The Moving Average Convergence Divergence Indicator ExplainedLeer la explicación →
- What Is Correlation in Markets? How Asset Returns Move Together, With Real DataLeer la explicación →
- What Is Compound Interest? How Interest Earns Interest, With Worked ExamplesLeer la explicación →
- What Is Hedging? How Futures and Options Offset an Existing RiskLeer la explicación →
- What Is Asset Allocation? Stocks, Bonds and Cash, Drift and RebalancingLeer la explicación →
- What Is Beta in Stocks? How Beta Measures Market Sensitivity, With a Worked ExampleLeer la explicación →
- What Is a Drawdown? Maximum Drawdown Explained With S&P 500 ExamplesLeer la explicación →
- What Is the Sharpe Ratio? Formula, Worked Example and What It Leaves OutLeer la explicación →
- What Is Diversification? How Spreading Holdings Changes Portfolio RiskLeer la explicación →
- What Is the Federal Reserve? How the Fed Is Built and What It DoesLeer la explicación →
- What Is a Sovereign Credit Rating? How Agencies Grade Government DebtLeer la explicación →
- What Is Bond Duration? Macaulay vs Modified Duration, With a Worked ExampleLeer la explicación →
- Treasury Bills, Notes and Bonds: How US Government Debt WorksLeer la explicación →
- How to Read a Cash Flow Statement: Operating, Investing and Financing CashLeer la explicación →
- What Is EBITDA? Earnings Before Interest, Taxes, Depreciation and AmortizationLeer la explicación →
- What Is Free Cash Flow? How FCF Is Calculated and Why Definitions DifferLeer la explicación →
- How to Read a Balance Sheet: Assets, Liabilities and Equity, Line by LineLeer la explicación →
- What Is a Short Squeeze? How Short Covering Can Push a Stock HigherLeer la explicación →
- What Is Quantitative Easing and Tightening? QE and QT ExplainedLeer la explicación →
- What Is a Recession? The NBER Definition vs the Two-Quarter RuleLeer la explicación →
- What Is Short Interest? How FINRA Counts Open Short PositionsLeer la explicación →
- What Is Earnings Per Share (EPS)? Basic, Diluted and Adjusted EPS ExplainedLeer la explicación →
- How to Read an Income Statement: Revenue to Net Income, Line by LineLeer la explicación →
- What Is a Stablecoin? How USDT and USDC Hold a Dollar PegLeer la explicación →
- What Is a Credit Spread? Corporate, High-Yield and Sovereign Spreads ExplainedLeer la explicación →
- What Is Max Pain in Options? How It Is Calculated and What It ShowsLeer la explicación →
- What Are the Options Greeks? Delta, Gamma, Theta, Vega and Rho ExplainedLeer la explicación →
- What Is RSI? The Relative Strength Index ExplainedLeer la explicación →
- What Is a Market Maker? How Liquidity Providers Quote, Hedge and Earn the SpreadLeer la explicación →
- What Is a Gamma Squeeze? How Options Hedging Can Accelerate a MoveLeer la explicación →
- How to Calculate Position Size: Risk, Stop Distance and LeverageLeer la explicación →
- What Is Leverage and Margin? How Trading on Margin WorksLeer la explicación →
- What Is a Central Bank Policy Rate? How the Fed, ECB, BoJ and BoE Set RatesLeer la explicación →
- What Is a Perpetual Futures Contract?Leer la explicación →
- What Is an Event Study? How Fed, CPI and Jobs Day Moves Are MeasuredLeer la explicación →
- What Is an HS Code? How Goods Are Classified in Trade DataLeer la explicación →
- What Is Short Volume? Reading FINRA's Daily Short-Sale DataLeer la explicación →
- What Is Charm? How Time Moves Options HedgesLeer la explicación →
- What Is Vanna? How Volatility Shifts Move Dealer HedgesLeer la explicación →
- What Are Call and Put Walls? Options Walls ExplainedLeer la explicación →
- What Is Implied Volatility? IV, the Term Structure, and Realized VolLeer la explicación →
- What Is Dealer Delta Exposure (DEX)?Leer la explicación →
- What Is Theta? Options Time Decay ExplainedLeer la explicación →
- How to Read a 10-K: A Company's Annual Report, Item by ItemLeer la explicación →
- What Is an S-1 Filing? The IPO Registration Statement ExplainedLeer la explicación →
- What Is a Proxy Statement (DEF 14A)? Executive Pay and Shareholder VotesLeer la explicación →
- What Is a Going Concern Warning in an SEC Filing?Leer la explicación →
- What Is a Prediction Market? How Contract Prices Become ProbabilitiesLeer la explicación →
- How to Read an 8-K FilingLeer la explicación →
- What Is a Futures Contract? Futures Explained for BeginnersLeer la explicación →
- What Is a Moving Average? SMA and EMA ExplainedLeer la explicación →
- What Is a Call Option and a Put Option? Options Explained for BeginnersLeer la explicación →
- What Is a Bond? How Bond Prices and Yields Move in Opposite DirectionsLeer la explicación →
- What Is CPI? How the Consumer Price Index Is MeasuredLeer la explicación →
- What Is an IPO? How a Company Goes PublicLeer la explicación →
- What Is Open Interest?Leer la explicación →
- How to Read Spot Bitcoin ETF FlowsLeer la explicación →
- What Is a Crypto Liquidation?Leer la explicación →
- Contango and Backwardation: How to Read the Shape of a Futures CurveLeer la explicación →
- How to Read the Weekly EIA Petroleum and Natural Gas Inventory NumbersLeer la explicación →
- Futures Seasonality: What Monthly Patterns Can and Cannot Tell YouLeer la explicación →
- Reading a Prediction Market Order Book: Why a 4 Percent Market Can Cost More Than 4 PercentLeer la explicación →
- Algorithmic Footprints in Prediction Markets: How to Spot Execution Algorithms in the Public TapeLeer la explicación →
- Polymarket vs Kalshi: Why the Same Question Can Trade at Two Different PricesLeer la explicación →
- What Is the VIX? The Volatility Index ExplainedLeer la explicación →
- What Is TIC Data? Who Owns US TreasuriesLeer la explicación →
- What Is Options Skew and the Put/Call Ratio?Leer la explicación →
- 13D vs 13G: How to Read an Activist Investor FilingLeer la explicación →
- What Is the P/E Ratio? How to Tell If a Stock Is ExpensiveLeer la explicación →
- What Is a Dividend? How Companies Pay You to Hold Their StockLeer la explicación →
- What Is the Bid-Ask Spread? The Hidden Cost in Every TradeLeer la explicación →
- What Is Short Selling? How Betting a Stock Falls WorksLeer la explicación →
- What Is an Index Fund? Owning the Whole Market, ExplainedLeer la explicación →
- What Is a Stock Split? Why More Shares Does Not Mean More MoneyLeer la explicación →
- What Is an ETF? Exchange-Traded Funds Explained for BeginnersLeer la explicación →
- How to Read a Candlestick Chart: A Beginner's GuideLeer la explicación →
- What Is Market Cap? Why It Matters More Than the Share PriceLeer la explicación →
- What Is the STOCK Act? How Congress Discloses Its Stock TradesLeer la explicación →
- What Is Dealer Gamma Exposure (GEX)? How Options Hedging Moves the MarketLeer la explicación →
- What Is the Real Yield? TIPS, Breakevens, and Why It Moves StocksLeer la explicación →
- What Is a Form 4? How to Read Insider Buying and SellingLeer la explicación →
- How Prediction Markets Price the Fed: Reading Polymarket and Kalshi OddsLeer la explicación →
- Three in Four Solana Perp Accounts Are Long. On One Major Exchange They Have Been Paid to Hold That Bet for Most of a Month.Leer la explicación →
- What Is the Yield Curve, and What Do Inversion and Steepening Mean?Leer la explicación →
- What Is the Fed Dot Plot? The Summary of Economic Projections, ExplainedLeer la explicación →
- What Is Exchange Netflow (and What Whale Self-Transfer Noise Means)?Leer la explicación →
- What Is a Cross-Asset Market Regime Score?Leer la explicación →
- What Is COT Net-Long Positioning, and How Do You Read It?Leer la explicación →
- How to Read a 13F Filing (and What It Doesn't Tell You)Leer la explicación →
- The SpaceX IPO, Explained: $75 Billion Raised, a $1.77 Trillion DebutLeer la explicación →