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Brochure Supplement Joe Estes
Brochure Supplement Jonathan Ezra
Statement Of Financial Strength
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Own Your Practice
Letter to Clients
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contact us
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Fixed Income Portfolio (FIP)
FIP Program
Services, Fees and Compensation
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Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
Total Asset Market (TAM)
TAM sm Program
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Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
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Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
Municipal Bonds
Taxable Bonds
Par, Premium, and Discount Bonds
Rating and Analyzing Bonds
Refunding & Pre-refunding
Bond Yields
Yield Curve
Secured Bonds
Mortgage Bonds
Unsecured Bonds
Debentures
Subordinated Debentures
Zero-Coupon Bonds
Convertible Bonds
High Yield Dividend Stocks
Independent Money Managers
Fees & Compensation
Corporate Cash Management
Fees & Compensation
Estate Planning
Financial Planning
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
Professional Alliance Network
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
MUNICIPAL BONDS
Municipal Bond Presentation
About Us
The Management
Global Asset Allocation Products
FIP Program
Classifying Municipal Bonds
Revenue Bonds
Credit Factors Affecting General Obligation Bonds
Credit Factors Affecting the Quality of Local Municipal Bonds
Analyzing the Credit Quality of General Obligation Bonds
Analyzing the Credit Quality of Revenue Municipal Bonds
What We Normally Buy
What We Normally Don’t Buy
Municipal Bonds – Unique Asset Class
Default Rates
Yield Difference
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same-Day Allocation
TSL’s Turnkey Operation Platform
Classifying Municipal Bonds
Revenue Municipal Bonds
Types of Revenue Municipal Bonds
Industrial Development Revenue Bonds
Lease-back Bonds
Special Tax Bonds
NHA/PHA Bonds
Moral Obligation Bonds
Municipal Notes
TANs/RANs
BANs
CLNs/GANs
Variable Rate Bonds/Notes
Build America Bonds
Double-Barreled Bonds
Bond Index Components
Open-end-Closed-end-Indenture
Sinking Fund
Bond Contracts
Bond Indenture
Official Statement
Bond Issuance Process
Analyzing GO Bonds
Analyzing Revenue Bonds
Debt Ratios
General Price Analysis of Municipal Bonds
Liquidity
Interest Rate Risk
Credit Risk
Coupon Risk
Maturity Risk
Municipal Bond Insurance
Municipal Bonds Unique Asset Class
Default Rates
What We Buy Currently
What We Normally Don’t Buy
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same Day Allocation
Traditional Broker/Dealer Execution Flow
TSL's Turnkey Operation Platform
INDEX FUNDS
Total Asset Fund (TAF)
TAF® Program
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Client Contact with Portfolio Manager(s)
Additional Information
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Market Value Securities (MVS sm) Presentation
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Investing During Uncertain Times
Read FULL Seminar Here
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Vanguard Extended Market ETF
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Updated: 8:00 PM EST, Jan 13, 2026
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Kopin CFO Rich Sneider To Retire After 25 Years
↗
May 29, 2025
The company is launching a search for a new CFO and is considering both internal and external candidates.
Via
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Retirement
GameStop Stock Declines After First-Ever Bitcoin Buy Worth Half A Billion
↗
May 28, 2025
The Bitcoin purchase follows GameStop's announcement of a $1.3 billion debt raise in March as part of its pivot in treasury strategy.
Via
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Robinhood Rolls Out Desktop Trading Platform In UK
↗
May 28, 2025
The platform, launched in the U.S. in October, is fully customizable and will be available at no additional cost to all Robinhood account holders.
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Faraday Future To Open First Regional Facility In Middle East: But Retail Remains Bearish
↗
May 23, 2025
The facility, which will support the Faraday Future brand and potential Faraday X models, will also serve as a center for operations across the Gulf Cooperation Council countries and employ up to 200...
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Levi Strauss Sells Dockers To Authentic Brands For Up To $391M: CEO Says Deal Aligns Company’s Portfolio With Strategic Priorities
↗
May 20, 2025
The transaction, initially valued at $311 million, could reach up to $391 million through an $80 million earn-out opportunity in future years based on the performance of the Dockers business under...
Via
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Protagenic Therapeutics Merges With Phytanix Bio In All-Stock Deal: Retail Turns Extremely Bullish
↗
May 19, 2025
The new entity will be called Phytanix, Inc., and it will combine the two companies’ pipelines focused on stress-related and CNS disorders.
Via
Stocktwits
Conduit Pharma Stock Drops On Reverse Stock Split Announcement: Retail’s Pessimistic
↗
May 16, 2025
The company said that the reverse stock split will become effective on May 19 at 5:00 p.m. ET, and the stock will start trading on a reverse stock-split adjusted basis at market open on May 20.
Via
Stocktwits
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CNS Pharmaceuticals Stock Declines On Wider Q1 Loss: But Retail Stays Unmoved
↗
May 16, 2025
The company intends to commence the phase 2 study of its lead program, TPI 287, to treat Glioblastoma Multiforme (GBM) by year-end.
Via
Stocktwits
Tonix Pharma Stock Soars After Roping In Former Celgene Corp Executive Joseph Hand: Retail Gets More Positive
↗
May 14, 2025
In his role at Celgene Corp, Hand played a strategic role in transactions including the $74 billion acquisition of Celgene by Bristol Myers Squibb and its subsequent integration.
Via
Stocktwits
Chegg To Layoff 22% Of Its Workforce, CEO Says Trends Impacting Business Will Worsen Before They Get Better
↗
May 12, 2025
The measures are expected to generate $45 million to $55 million of savings in 2025, with full-year savings of $100 million to $110 million in 2026.
Via
Stocktwits
Topics
Workforce
Papa John's Stock Climbs After Q1 Revenue Beat Amid Challenging Times For Restaurants: Retail Mood Neutral
↗
May 12, 2025
Shares jumped 16% on Thursday following the results, leading to a third consecutive week of gains for the stock.
Via
Stocktwits
Coinbase Q1 Earnings, Deribit Acquisition Draws Mixed Response From Wall Street
↗
May 09, 2025
JPMorgan lowered its price target on Coinbase to $215 from $276 and kept a ‘Neutral’ rating on the shares, as per TheFly.
Via
Stocktwits
Topics
Derivatives
Corvus Gets Price Target Hike From Oppenheimer On Positive Drug Trial Results: Retail’s Pleased
↗
May 09, 2025
Corvus announced new interim data from its Phase 1 clinical trial evaluating Soquelitinib in patients with moderate to severe atopic dermatitis.
Via
Stocktwits
Crocs Stock Soars Following Upbeat Q1 Results As Investors Brush Aside Withdrawal Of Full-Year Guidance
↗
May 08, 2025
CEO Andrew Rees said the new global trade environment and business and consumer uncertainty have made it challenging to predict how consumers may respond.
Via
Stocktwits
Topics
Derivatives
Coinbase Stock Rallies After Announcing $2.9B Deribit Acquisition Aimed At Boosting Derivatives Business
↗
May 08, 2025
The company expects the acquisition to add diversity and durability to its trading revenues, given that options trading revenues are typically less cyclical than spot trading.
Via
Stocktwits
Topics
Derivatives
Government
WeightWatchers Seeks Chapter 11 Bankruptcy Protection As GLP-1 Obesity Drugs Reshape Industry
↗
May 07, 2025
The company said the reorganization plan would eliminate $1.15 billion in debt from its balance sheet
Via
Stocktwits
Topics
Bankruptcy
Celsius Holdings Stock Drops After Q1 Earnings, Revenue Miss – CEO Remains Upbeat On Q2
↗
May 06, 2025
Celsius’s North American revenue declined 10% year over year to $306.5 million, but International revenue jumped 41% year over year to $22.8 million.
Via
Stocktwits
Topics
Artificial Intelligence
Skechers Analysts See Easy Path To $9B Buyout From 3G Capital
↗
May 06, 2025
Investment firm Stifel said the deal "represents a pathway to value realization for similarly tariff-impacted businesses with solid franchises and attractive valuation."
Via
Stocktwits
Topics
World Trade
Hyperscale Data Stock On Track For Biggest One-Day Gain In 30-Year History After Preliminary Q1 Revenue Tops $25M
↗
May 05, 2025
CEO William B. Horne said the year began with growth across several core business segments.
Via
Stocktwits
Topics
Artificial Intelligence
Skechers Stock Soars After 3G Capital Agrees To Acquire The Company For $9.4B
↗
May 05, 2025
Skechers shareholders can elect to receive $63 per share in cash or $57 per share in cash and one unlisted, non-transferable equity unit (LLC unit) in a newly formed, privately held firm that will be...
Via
Stocktwits
Topics
World Trade
Hims & Hers Appoints Amazon Veteran Nader Kabbani COO To Support Expansion
↗
May 05, 2025
A nearly 20-year Amazon veteran, Nader Kabbani said he was drawn to Hims & Hers by its potential to expand access to fast, reliable, and high-quality care.
Via
Stocktwits
Topics
Artificial Intelligence
Economy
Government
Block’s Stock Sinks To 18-Month Low After Multiple Downgrades On Wall Street Over Slowing Cash App Growth
↗
May 02, 2025
Wells Fargo downgraded the stock to ‘Equal Weight’ from ‘Overweight’ and slashed its price target to $50 from $95.
Via
Stocktwits
Etsy Stock Rises On Upbeat Q1 Revenue, Company Says It’s Staying Nimble In The Wake Of Tariff-Led Uncertainties
↗
April 30, 2025
However, the e-commerce player reported a net loss of $52.1 million during the quarter compared to a profit of $63 million in the same quarter a year ago, reflecting an impairment charge of $101.7...
Via
Stocktwits
Topics
Earnings
World Trade
WeightWatchers Stock Rockets After Partnership For Eli Lilly's Zepbound Drug: Retail Investors Very Optimistic
↗
April 29, 2025
Eligible self-pay patients without insurance can now access prescriptions for Zepbound in single-dose vial form through the WeightWatchers app.
Via
Stocktwits
Topics
Bankruptcy
Abeona Therapeutics’ Gene Therapy Gets FDA Nod For Treating Rare Genetic Skin Disease
↗
April 29, 2025
ZEVASKYN is expected to be available beginning in the third quarter of 2025 through ZEVASKYN Qualified Treatment Centers, located across the U.S. with experience in cell and gene therapy.
Via
Stocktwits
WeightWatchers Bankruptcy Buzz Could Be A Strategy To 'Get A Better Deal With The Bonds,' Says Activist Investor
↗
April 29, 2025
Galloway Capital, which owns a 2.87% stake, says WeightWatchers should avoid bankruptcy.
Via
Stocktwits
Topics
Bankruptcy
American Airlines Withdraws Full-Year Guidance Amid Economic Uncertainty, Reports Narrower Q1 Losses
↗
April 24, 2025
CEO Robert Isom highlighted that the airline’s actions over the past several years to refresh its fleet, manage costs, and strengthen its balance sheet position it well for the uncertainty the industry...
Via
Stocktwits
Topics
Earnings
TNF Pharmaceuticals To Use AI To Recruit Patients For Drug Development: Retail Stays Bearish
↗
April 22, 2025
The company stated that the TNF-Renova partnership is analyzing data from 30,000 patients to identify high-risk patients.
Via
Stocktwits
Topics
Artificial Intelligence
Tivic Health Stock Doubles After Briefings To Senior Leadership At White House, FDA: But Retail Stays Bearish
↗
April 22, 2025
During the meeting with the White House, the company highlighted the need for advanced treatments for acute radiation syndrome in the United States and its allied countries.
Via
Stocktwits
Faraday Future Expects Short Term Impact From Trump Tariffs But Retail Is Positive
↗
April 21, 2025
The company said that its second brand, Faraday X, plans to source components internationally in the early phase of production.
Via
Stocktwits
Topics
Government
Supply Chain
World Trade
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