

Inspired by the horse race in the 2026 Palio di Siena, I made a financial move that I hope will be just as clever as the knight's move in chess. I decided to close out two positions in my Cupolone portfolio that I wasn't entirely convinced about, raising cash to reinvest when the opportunity arises. The purpose of this move is to use this liquidity in securities with better overall NAV performance and a greater likelihood of long-term success.

Tech capex and geopolitics have dominated the headlines this year, but opportunities emerge elsewhere. Dividend growth investing could be hitting its stride amid shifting macro and micro trends. Novel, forward-looking strategies may help asset allocators find alpha beyond traditional income approaches.

If you've ever stared at a ticker yielding north of 30% and wondered what the catch was, Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NASDAQ:USOI) is the catch made visible.

In just a few weeks, the Iran War has triggered enormous volatility into the oil markets.

Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NASDAQ:USOI) gained ~30% year-to-date, while oil surged sharply higher.

WTI crude oil has surged to $112.06 per barrel, up 56% from a month ago and sitting at the 99.6th percentile of its 12-month range.

Oil surged from around $71 to nearly $98 per barrel in under two weeks in early March 2026 as geopolitical tensions in the Persian Gulf tightened supply fears. That kind of move is exactly what crude oil investors dream about. It is also exactly the kind of move that ETRACS Crude Oil Shares Covered Call... USOI - Not For The Average Investor Seeking A Crude Oil Play.

Oil surged from around $71 to nearly $98 per barrel in under two weeks in early March 2026 as geopolitical tensions in the Persian Gulf tightened supply fears.
SEC filings for USOI aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.