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Prospero.ai 9/16/25 Trading Letter

Unsurprisingly with the big Fed meeting and press conference tomorrow, today was kind of a snoozer as everyone waits to see what decisions come from the board. We will be ready to make a move either way, but its definitely important to be hedged for all possibilities.

Market/Macro Update

SPY NOS at 4 and QQQ at 36. Not too much to tell from these numbers as they haven’t changed too much. SPY continues to look like the place to hedge.