Independent equities market research

I do the research.
You get the work.

Every month, I turn the hundreds of hours I spend studying markets into one focused research package: the macro backdrop, sectors attracting capital, individual equities I’m spending real time on, and the levels that matter.

Get My Research for ~$8/Month → See What’s Inside

$100 billed annually. No monthly billing.

Where capital is moving & where I’m looking next.

Macro regime. Market structure. Sector rotation. Equity setups. Key price levels.

CoverageMacro + Equities

FrequencyMonthly

ApproachFundamental + Technical

AuthorCarson Sturdy

Why I built this

I was already doing the work.

I’m obsessed with equity markets. Most days, I’m researching because I genuinely want to know what is happening underneath the surface — not because I need something to post.

I spend hundreds of hours a month studying macroeconomic environments, individual businesses, price action, technical structure and the places institutional capital appears to be rotating next.

That work has shaped how I’ve invested my own capital and, over multiple years, has produced results that have meaningfully exceeded the benchmarks I measure myself against.

At some point the idea became obvious: if I’m already doing all of this work for myself, why not organize the best of it at the end of every month and make it useful to other serious investors?

That’s Sturdy Equity Research.

My actual research

No outsourced summaries. The report comes from what I personally spent time studying that month.

Multiple lenses

I care about macro, fundamentals, technicals, liquidity, positioning and where capital is actually moving.

Built for decisions

I want you to finish each report knowing what matters, what I’m watching, and which levels can change the thesis.

The value equation

Hundreds of hours of research.
About $8/month.

I’m already doing the work for my own investing process. The membership simply gives you the organized output every month for $100 billed annually.

Inside each month

Not another market newsletter.

This is the organized version of the research I’m already using to understand markets and allocate my own capital.

01 / Market Environment

Macro & market regime

My read on the environment: growth, inflation, rates, liquidity, risk appetite, index structure and the variables I believe matter most going forward.

02 / Capital Flows

Sectors & themes

Where I see leadership developing, capital rotating, narratives strengthening or weakening, and areas with the potential to generate outsized opportunity.

03 / Equity Research

Companies worth real attention

Individual tickers I spent meaningful time on — business quality, thesis, catalysts, risks, valuation context and what would make me change my mind.

04 / Technical Structure

Price levels that matter

Charts, support and resistance, potential entry and exit areas, invalidation points, trend structure and the price action I’m watching.

05 / Ownership & Disclosure Activity

Where informed capital is showing up

I track notable insider purchases and sales, institutional ownership changes, major fund positioning, and legally disclosed trading activity from public officials. The goal is not to blindly follow any individual transaction, but to identify where experienced or well-informed capital may be accumulating, reducing exposure, or signaling increased conviction.

06 / Research Library

A growing archive of every monthly brief

Your membership includes access to the complete Sturdy Equity Research library — a continuously expanding repository of every monthly brief I publish. Revisit prior market environments, equity theses, sector work, technical levels and capital-flow observations to see how ideas developed over time and reference the full body of research whenever it is useful.

Research access

Two ways to work with Sturdy Research.

One is built for investors who want my ongoing research. The other is built for firms that want my research focused on their questions.

Research Membership

$100 / year

Twelve months of independent market and equity research for about $8/month. $100 billed annually.

✓One comprehensive research report each month.
A focused monthly publication bringing together the highest-conviction work from the hundreds of hours I spend researching markets — designed to be read carefully, referenced throughout the month, and kept as part of your research library.
✓Macro environment, market structure & capital flows.
My view of the broader regime — growth, inflation, rates, liquidity, risk appetite and index structure — alongside the sectors, industries and themes where I believe institutional capital is rotating and leadership may be developing.
✓Deep research on the equities I believe deserve attention.
Detailed work on select companies and tickers I spent meaningful time studying that month, including the underlying thesis, business and fundamental context, catalysts, valuation considerations, risks, and what could invalidate the opportunity.
✓Technical framework, price targets & actionable levels.
The charts behind my thinking: trend structure, support and resistance, areas I would consider attractive for entry or exit, important invalidation levels and price targets — plus access to the complete archive of prior Sturdy Equity Research reports.

Get My Research for ~$8/Month →

Custom Research

Custom

Tailored research for funds, RIAs, family offices and institutional investment teams.

✓Research built around your firm’s mandate.
Every engagement begins with the specific questions your investment team wants answered. Scope can range from a single company or sector to a broader thematic, macro or market-structure assignment.
✓Independent company, sector & thematic diligence.
Deep research intended to supplement an existing investment process — including business and industry analysis, catalysts, risks, valuation context, competitive positioning, technical structure and the variables I believe matter most to the thesis.
✓A second set of eyes on markets and opportunity.
For firms that want an outside perspective, I can focus specifically on market regimes, sector rotation, capital flows, emerging leadership and individual opportunities that may warrant deeper internal diligence.
✓One-off projects or an ongoing research relationship.
Engagements can be structured around a defined research project or recurring work for firms that want consistent access to my research process. Scope, deliverables, timing and pricing are determined after a paid research consultation.

Book a Paid Research Consultation

Carson Sturdy

The person behind the research.

I’ve spent years building my life around markets. I’m not interested in pumping out daily hot takes or pretending every week produces a generational opportunity.

I care about building conviction before capital is put at risk. That means understanding the environment, knowing what I own, respecting price, tracking where leadership is developing and being willing to sit on my hands when the setup isn’t there.

Sturdy Equity Research exists to package that work into something clear, useful and worth reading — without turning it into noise.

FocusPublic equities + macro

ProcessFundamental + technical + flows

Research cadenceMonthly

Based inUnited States

Sturdy Equity Research

Serious research. $100 for the entire year.

If you want a better understanding of the markets, the companies I’m spending time on, and where I believe opportunity is developing, this is where I publish the work.

Get My Research for ~$8/Month →

$100 billed annually. No monthly billing.