Framework Journal · one stock, one dated entry

Recorded 2026-06-14 · Permanent

iShares MSCI Peru and Global Exposure ETF EPU

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index.

The label
Markup

read at $85.74

iShares MSCI Peru and Global Exposure ETF holds its Markup at $85.74.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-06-14
PhaseMarkup
Quantitative stateThe statistical read favours the buyers, held for 2 days
Price$85.74
Valuation14.60 trailing · N/A forward price to earnings
Values screenFAIL · score 30.0
BetaN/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E14.6x
reasonably valued

The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.

Plain-English interpretation of our own screen data. Analysis, not advice.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 73%. Our forward projection puts the odds of a 10% gain over the next month near 28%. Entered 2026-07-27 · Markup

The dated journal · newest first, never edited

2026-07-27 Markup $85.74 +0.0% Entry 4

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 73%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-18 Markup $85.74 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 73%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-03 Markup $85.74 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Markup $85.74 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The political ledger · congressional disclosures

Disclosures naming EPU
DatePoliticianPartyTypeAmount
27 Mar2026 Alan Armstrong Republican buy 1K–15K
2026-04-13 Ro Khanna Democrat Sale 15K–50K
1 May2026 Ro Khanna Democrat sell 1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $83.78 -2.9% · $971 -2.9%
2 months $85.70 -5.1% · $949 -5.1%
3 months $81.95 -0.7% · $993 -0.7%
6 months $69.39 +17.2% $0.28 $1,176 +17.6%
1 year $47.14 +72.6% $1.18 $1,751 +75.1%
2 years $38.88 +109.2% $3.47 $2,181 +118.1%
3 years $27.56 +195.2% $4.18 $3,103 +210.3%
5 years $25.34 +221.0% $7.16 $3,493 +249.3%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever EPU does next, these words stay.

iShares MSCI Peru and Global Exposure ETF · EPU · Markup · $85.74
Recorded 2026-06-14 · before the outcome · scored mechanically

All of today's entries See the running score

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