DISCLOSURE / 01
Section 1: Publisher’s Exemption & Non-Advisory Status
Shadow Analysis ("the Platform") is an independent financial data and macroeconomic research publisher operating under the "Publisher’s Exemption" from the definition of "Investment Adviser" under Section 202(a)(11)(D) of the U.S. Investment Advisers Act of 1940 (15 U.S.C. § 80b-2(a)(11)(D)). All content published via the Platform’s web terminal, email dispatches, and SMS text alerts is strictly impersonal, bona fide financial commentary of general and regular circulation. We do not know your personal financial situation, risk tolerance, investment objectives, or tax status, and we never provide individualized portfolio advice or one-on-one investment consultations. Always consult a licensed financial adviser, certified public accountant, or attorney before making any investment decision.
DISCLOSURE / 02
Section 2: Hybrid Editorial & Algorithmic Research Methodology
Shadow Angle combines human editorial judgment, curation, and macroeconomic frameworks with proprietary algorithmic scoring models—including the Shadow Angle Signal Score (SASS) and Unpriced Alpha Score—and AI-assisted research pipelines to monitor, cross-reference, and synthesize publicly available regulatory filings, commodity ledgers, corporate disclosures, and industry practitioner forums. While our editorial verification standards require underlying source citations for material claims, third-party data feeds, primary filings, and AI-assisted analytical tools can contain inaccuracies, suffer from reporting latency, or misinterpret complex cross-border events. Neither Shadow Angle nor its editors warrant the completeness, timeliness, or accuracy of any third-party filing or published analysis.
DISCLOSURE / 03
Section 3: Hypothetical Track Record, Entry Prices & Benchmark Disclosures
References to historical "Hit Rates," "Confirmed Angles," "Locked Entry Prices," or "Realized Return / Alpha vs. S&P 500 (SPY)" inside the Shadow Angle Terminal reflect hypothetical, model-tracked paper benchmarks measured from the market price at the time of publication to subsequent catalyst state transitions. Hypothetical or model performance results have many inherent limitations: they do not represent actual trading by a managed fund, do not account for brokerage commissions, market impact, slippage, bid-ask spreads, margin interest, or taxes, and are no guarantee of future results. Past performance is never indicative of future returns.
DISCLOSURE / 04
Section 4: Editorial Independence & No Issuer Compensation
Shadow Angle receives zero compensation from any public or private company, issuer, investor relations firm, or promoter to feature, score, or exclude any ticker symbol or sector in our dispatches. Platform revenue is derived exclusively from reader subscriptions. Editors, operators, or contributors may hold positions in broad market indexes or securities discussed, subject to internal editorial compliance policies.
DISCLOSURE / 05
Section 5: Attribution of "Back Room Lyrics" & Secondary Chatter
Items published under Back Room Lyrics or badged as [ATTRIBUTED MEDIA RUMOR] summarize third-party media reports, public registry logs, or industry commentary for contextual awareness and entertainment. Shadow Angle does not independently verify unconfirmed third-party media rumors and makes no representation as to their factual accuracy.
DISCLOSURE / 06
Section 6: SMS & Electronic Delivery Terms
By opting into SMS text alerts in your account preferences, you consent to receive recurring, time-sensitive market dispatches and catalyst alerts at the mobile number provided. Message and data rates may apply. You may opt out at any time by replying STOP to any message or toggling off SMS delivery in /account.