Friday, December 2, 2022
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PhilStockWorld.com | Fabulous Friday End


$95,615! 

That is how a lot our Lengthy-Time period Portfolio has gained since our March 18th overview and it is solely April ninth!  We solely had $634,785 price of positions on the 18th and now they’re $730,400 (the remaining is over $1M in CASH!!!) so that may be a utterly insane acquire of 15% in 3 weeks.  That is an annulized return price of 260% – do you actually assume that is sustainable?  

I do know we maintain attempting to money within the LTP however then we maintain deciding the positions are good and we definitely cannot argue with the outcomes however the entire thing merely has to break down in some unspecified time in the future.  It is the market that’s inflicting this idiocy – our methods simply eggagerate the good points as we use choices to leverage the upside momentum and, for the reason that broad market by no means goes down and we are likely to make wise worth picks – we make outized good points in our digital portfolios.   

Positive factors are, in fact, beautiful on paper however it’s a must to be sure to maintain them and that is the trick because the Concern of Lacking Out on a contiued rally tends to maintain us from sensibly cashing in our good points.  We’re 2/3 CASH!!! within the LTP and most of our portfolios so think about what we would be making if we have been gung-ho bullish however we discovered our lesson in 2000 and 2008 that rallies can finish in a snap and you may’t merely unwind your positions on the first trace of hassle – that is simply not the best way it really works.  

So we hedge utilizing our Quick-Time period Portfolio (STP) and, as I discussed on Wednesday, that $200,000 portfolio was down 3.1% and now, with the prolonged rally, it is down 15.2%, with the rally knocking us down by about $26,000 so the online acquire of our paired portfolios is “solely” about $70,000 for the month.  

What which means although, is that the hedges are on gross sales and, since we simply make web $70,000, we must always definitely be placing a portion of that cash to work shopping for extra hedges.  The STP positions we’ve for the time being gave us about $500,000 price of draw back safety however now we’ve $95,615 in extra positions to guard,

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