Latent EquityData
Published house charts. Each lists its sources and as-of date and links to the full post. They describe what happened, not what to do.
Live trackers
Recurring series, refreshed on a schedule.
LE AI Build Monitor
Weekly read on the AI build-out across compute, power, agents/demand and capital/credit.
Updated Oct 17, 2026 · data as of week ending Oct 16, 2026 · Latest on Substack →
Power meter: ERCOT, PJM, NIPSCO
Large-load requests vs peak demand in Texas, PJM capacity auctions at the cap, and the pending NIPSCO × $MSFT power deal.
Updated Oct 20, 2026 · data as of Oct 19, 2026 · Latest on X →
Crypto basket
One-week, one-month and year-to-date returns, plus distance from the 200-day average, for 6 coins and 6 crypto stocks/ETFs, with $BTC as the benchmark and $SPY/$QQQ for reference.
Updated Oct 18, 2026 · data as of Oct 16, 2026 close (coins UTC) · Latest on X →
Sector ETF scan
One-week, one-month and year-to-date total returns, plus distance from the 200-day average, for the 11 S&P 500 sector SPDR ETFs, with $SPY as the benchmark.
Updated Oct 16, 2026 · data as of Oct 15, 2026 close · Latest on X →
$BTC log-trend channel
Bitcoin price vs its long-run log trend (our calc: OLS fit of ln(price) through Sep 30, 2026, frozen Q3 '26). The channel is a range, not a forecast.
Updated Oct 11, 2026 · data as of Oct 9, 2026 UTC close · Latest on X →
$ETH log-trend channel
Ether price vs its long-run log trend (our calc: OLS fit of ln(price) through Sep 30, 2026, frozen Q3 '26). The channel is a range, not a forecast.
Updated Oct 11, 2026 · data as of Oct 9, 2026 UTC close · Latest on X →
$SPY log-trend channel
S&P 500 ETF price vs its long-run log trend (our calc: OLS fit of ln(price) through Sep 30, 2026, frozen Q3 '26). The channel is a range, not a forecast.
Updated Oct 5, 2026 · data as of Oct 2, 2026 close · Latest on X →
$QQQ log-trend channel
Nasdaq-100 ETF price vs its long-run log trend (our calc: OLS fit of ln(price) through Sep 30, 2026, frozen Q3 '26). The channel is a range, not a forecast.
Updated Oct 5, 2026 · data as of Oct 2, 2026 close · Latest on X →
Research charts
One-off research, each linked to its full post.
AI capex vs the 2000 telecom build
The 2000 fiber builders spent 1.8x to 5.4x their operating cash flow; in their last full year, $MSFT, $GOOGL, $META and $AMZN spent 0.56x to 0.94x (our calc).
As of Oct 19, 2026 · Read on Substack → · Read on X →
Hyperscaler debt vs rates
Added annual interest at +10/+25/+50bp as a share of TTM operating income for $ORCL, $AMZN, $GOOGL, $META and $MSFT (our calc).
As of Oct 14, 2026 · Read on X →
$CRWV cost of capital
Implied rate on all CoreWeave debt fell from 11.1% in Q1 '25 to 7.8% in Q2 '26 (our calc), while unsecured coupons stayed at 9.00–9.75%.
As of data through Jun 30, 2026 · Read on X →
Frontier-lab expansion
Acquisitions and acqui-hires by OpenAI, Anthropic and Google rose to 11 in H1 2026 (our count), by half-year and industry.
As of Oct 20, 2026 · Read on X →
$AMZN supplier-warrant ledger
Unvested Amazon warrants in its suppliers, as % of each supplier's shares outstanding per $1B of spend (our calc).
As of Oct 20, 2026 · Read on X →
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