https://zorrotradeai.com/blog/ Notes on IPOs, sector rotation, screening and market structure from the Zorro Trade models. en-us https://zorrotradeai.com/blog/this-week-in-ipos-jio-zetwerk-diverge/ https://zorrotradeai.com/blog/this-week-in-ipos-jio-zetwerk-diverge/ Sun, 11 Oct 2026 12:00:00 GMT Jio Platforms set a price band below earlier hopes this week while Zetwerk's valuation guidance moved higher — plus a biotech prices and a dental-tech files. https://zorrotradeai.com/blog/ai-power-boom-skipping-utilities-sector/ https://zorrotradeai.com/blog/ai-power-boom-skipping-utilities-sector/ Sat, 10 Oct 2026 12:00:00 GMT Dozens of AI power-infrastructure IPOs are filing, but none in Zorro's pipeline carry a Utilities sector tag. Here's the classification gap behind that. https://zorrotradeai.com/blog/breaking-out-screen-momentum-filter-explained/ https://zorrotradeai.com/blog/breaking-out-screen-momentum-filter-explained/ Fri, 09 Oct 2026 12:00:00 GMT Seven of Zorro's eight stock screens look for cheap, steady or undervalued. One looks for strength instead. Here are its four exact conditions. https://zorrotradeai.com/blog/ads-vs-ordinary-shares-dayone-nscale/ https://zorrotradeai.com/blog/ads-vs-ordinary-shares-dayone-nscale/ Thu, 08 Oct 2026 12:00:00 GMT DayOne is offering ADSs on Nasdaq; Nscale is listing ordinary shares directly on the NYSE. Both are foreign-headquartered IPOs — the mechanism differs for a real reason. https://zorrotradeai.com/blog/nscale-ipo-spotlight-anthropic-deal-financing-gap/ https://zorrotradeai.com/blog/nscale-ipo-spotlight-anthropic-deal-financing-gap/ Wed, 07 Oct 2026 12:00:00 GMT Nscale filed to list on the NYSE days after signing a $44.6B Anthropic compute deal. The S-1 itself says the buildout still needs financing. https://zorrotradeai.com/blog/this-week-in-ipos-two-records-open-same-monday/ https://zorrotradeai.com/blog/this-week-in-ipos-two-records-open-same-monday/ Tue, 06 Oct 2026 12:00:00 GMT GCash and Firmus Technologies both open public order books on October 6, while DayOne Data Centers and Lycia Therapeutics file fresh IPO paperwork. https://zorrotradeai.com/blog/utilities-weekly-whipsaw-isnt-a-rotation-signal/ https://zorrotradeai.com/blog/utilities-weekly-whipsaw-isnt-a-rotation-signal/ Mon, 05 Oct 2026 12:00:00 GMT The average NASDAQ-listed utility stock reversed sign every session for a week while the 10-year yield rose 11bp. Here's why that's noise, not rotation. https://zorrotradeai.com/blog/forward-to-trailing-pe-value-screen-trap-filter/ https://zorrotradeai.com/blog/forward-to-trailing-pe-value-screen-trap-filter/ Sun, 04 Oct 2026 12:00:00 GMT Forward P/E over trailing P/E is how two of Zorro's value screens catch a stock that's cheap only because this year's earnings won't repeat. https://zorrotradeai.com/blog/direct-listings-explained-2026-trap/ https://zorrotradeai.com/blog/direct-listings-explained-2026-trap/ Sat, 03 Oct 2026 12:00:00 GMT Direct listings skip underwriters and bookbuilding entirely. 2026 had more of them than any year on record — and most lost the bulk of their value. https://zorrotradeai.com/blog/airtel-money-ipo-spotlight-london-biggest-listing/ https://zorrotradeai.com/blog/airtel-money-ipo-spotlight-london-biggest-listing/ Fri, 02 Oct 2026 12:00:00 GMT Airtel Money priced its London IPO at a $7B valuation on Oct 1 — the city's largest listing in five years, and every single share sold is secondary. https://zorrotradeai.com/blog/this-week-in-ipos-oura-pulls-gcash-prices-lower/ https://zorrotradeai.com/blog/this-week-in-ipos-oura-pulls-gcash-prices-lower/ Thu, 01 Oct 2026 12:00:00 GMT Oura postponed its oversubscribed IPO the night before pricing. Mynt (GCash) just cut its price 34% and went anyway. Same week, opposite calls. https://zorrotradeai.com/blog/why-sp-500-can-fall-while-sectors-rise/ https://zorrotradeai.com/blog/why-sp-500-can-fall-while-sectors-rise/ Wed, 30 Sep 2026 12:00:00 GMT On Sept 29, 2026 the S&P 500 dropped 0.8% even as eight of eleven sectors gained. The mechanics of cap-weighting explain the gap. https://zorrotradeai.com/blog/dividend-yield-vs-growth-atts-2022-cut/ https://zorrotradeai.com/blog/dividend-yield-vs-growth-atts-2022-cut/ Tue, 29 Sep 2026 12:00:00 GMT AT&T yields over 4% today but hasn't raised its payout since a 2022 cut. Here's why a dividend screen needs growth and coverage, not yield alone. https://zorrotradeai.com/blog/cornerstone-investors-ipo-anchor-money/ https://zorrotradeai.com/blog/cornerstone-investors-ipo-anchor-money/ Mon, 28 Sep 2026 12:00:00 GMT How cornerstone investors like Nvidia and Eli Lilly pre-commit IPO capital before pricing, what the lock-up requires, and why it's not free for the issuer. https://zorrotradeai.com/blog/gcash-ipo-spotlight-record-philippine-listing/ https://zorrotradeai.com/blog/gcash-ipo-spotlight-record-philippine-listing/ Sun, 27 Sep 2026 12:00:00 GMT Mynt's GCash prices October 1 for a ₱92.3 billion IPO — the Philippines' largest ever — but most of the shares sold are secondary. https://zorrotradeai.com/blog/this-week-in-ipos-oura-sails-sb-energy-stalls/ https://zorrotradeai.com/blog/this-week-in-ipos-oura-sails-sb-energy-stalls/ Sat, 26 Sep 2026 12:00:00 GMT Oura's roadshow drew cornerstone buyers this week, while SB Energy delayed its IPO on valuation pushback. Same week, opposite outcomes — here's why. https://zorrotradeai.com/blog/utilities-real-estate-split-after-rate-shock/ https://zorrotradeai.com/blog/utilities-real-estate-split-after-rate-shock/ Fri, 25 Sep 2026 12:00:00 GMT Both fell hard on September 14's Treasury spike as bond proxies. Ten sessions later, one kept sliding and one round-tripped to flat. Here's why. https://zorrotradeai.com/blog/fallen-angel-screen-six-conditions/ https://zorrotradeai.com/blog/fallen-angel-screen-six-conditions/ Thu, 24 Sep 2026 12:00:00 GMT A beaten-down stock isn't a screen. Here are the six exact conditions Zorro Trade's fallen angel preset checks, walked through with a real 2026 name. https://zorrotradeai.com/blog/s1-risk-factors-investor-is-the-customer/ https://zorrotradeai.com/blog/s1-risk-factors-investor-is-the-customer/ Wed, 23 Sep 2026 12:00:00 GMT Nscale and SB Energy's S-1 filings show how AI-infrastructure IPOs disclose customer concentration when the biggest backer is also the biggest buyer. https://zorrotradeai.com/blog/spinny-ipo-spotlight-used-car-marketplace/ https://zorrotradeai.com/blog/spinny-ipo-spotlight-used-car-marketplace/ Tue, 22 Sep 2026 12:00:00 GMT Spinny filed confidential IPO papers with SEBI on September 22 — here's its buy-refurbish-resell model and how it differs from CarTrade's marketplace. https://zorrotradeai.com/blog/this-week-in-ipos-two-finish-one-still-a-headline/ https://zorrotradeai.com/blog/this-week-in-ipos-two-finish-one-still-a-headline/ Mon, 21 Sep 2026 12:00:00 GMT NSE India and Ligent both hit final IPO milestones today, while ProEnergy's $50B listing is still a Bloomberg report with no S-1 filed yet. https://zorrotradeai.com/blog/why-bank-stocks-fell-after-the-fed-hike/ https://zorrotradeai.com/blog/why-bank-stocks-fell-after-the-fed-hike/ Sun, 20 Sep 2026 12:00:00 GMT The Fed raised rates Sept 16 for the first time since 2023 — and bank stocks had their worst day in months. Here's the mechanism the textbook skips. https://zorrotradeai.com/blog/ev-ebitda-vs-pe-what-debt-hides/ https://zorrotradeai.com/blog/ev-ebitda-vs-pe-what-debt-hides/ Sat, 19 Sep 2026 12:00:00 GMT AT&T's P/E of 8.4 looks cheap on its own, but EV/EBITDA of 5.9 tells a fuller story once $163B of debt enters the calculation. https://zorrotradeai.com/blog/ipo-underwriting-discount-gross-spread-explained/ https://zorrotradeai.com/blog/ipo-underwriting-discount-gross-spread-explained/ Fri, 18 Sep 2026 12:00:00 GMT Every IPO prospectus cover page lists a fee few readers notice. Holtec Nuclear's Nasdaq debut today is a real deal to walk through how it works. https://zorrotradeai.com/blog/discord-ipo-valuation-cut-legal-overhang/ https://zorrotradeai.com/blog/discord-ipo-valuation-cut-legal-overhang/ Thu, 17 Sep 2026 12:00:00 GMT Discord's IPO has drifted from a March 2026 target toward 2027, while secondary pricing has nearly halved since 2021 — for concrete reasons. https://zorrotradeai.com/blog/this-week-in-ipos-three-allocation-mechanisms/ https://zorrotradeai.com/blog/this-week-in-ipos-three-allocation-mechanisms/ Wed, 16 Sep 2026 12:00:00 GMT Holtec prices on Nasdaq, NSE India opens for subscription, and Ligent debuts in Hong Kong — one week, three different ways to allocate an IPO. https://zorrotradeai.com/blog/when-bond-yields-spike-rate-sensitive-sectors-move-first/ https://zorrotradeai.com/blog/when-bond-yields-spike-rate-sensitive-sectors-move-first/ Tue, 15 Sep 2026 12:00:00 GMT A single day's 10-year Treasury spike to 5% split S&P sectors by nearly five points. Here's the mechanism, and why one day isn't a rotation call. https://zorrotradeai.com/blog/roic-vs-roe-quality-screen-metric/ https://zorrotradeai.com/blog/roic-vs-roe-quality-screen-metric/ Mon, 14 Sep 2026 12:00:00 GMT Return on equity gets inflated by debt; return on invested capital doesn't. Here's why a quality screen leans on ROIC, with the exact thresholds involved. https://zorrotradeai.com/blog/ipo-quiet-period-explained-holtec-nuclear/ https://zorrotradeai.com/blog/ipo-quiet-period-explained-holtec-nuclear/ Sun, 13 Sep 2026 12:00:00 GMT Holtec Nuclear's roadshow shows why "quiet period" is two separate rules — one restricting the company pre-IPO, another restricting analysts after. https://zorrotradeai.com/blog/sp-500-index-inclusion-effect-explained/ https://zorrotradeai.com/blog/sp-500-index-inclusion-effect-explained/ Sat, 12 Sep 2026 12:00:00 GMT Joining the S&P 500 forces passive funds to buy a stock for reasons that have nothing to do with its business. Here's the mechanism, with real cases.