My optimism from May's webinar has been proven right so far. While there are still concerns around breadth and conservative fund flows, I have continued increasing my positions given the general market trend. I walk through the Amazon chart explaining why I believe it's a leading indicator of the general tech market. If Amazon falls below their all time highs (blue dotted … [Read more...] about DTO Webinar: July 23rd, 2021
Weekly Update – July 16th, 2021
Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was down nearly 11% this week, which was well below the S&P 500 (-0.9%), and Nasdaq (-1.3%). These losses would have been exponentially worse if it wasn't for the hedges I put in place, as well as my sales in June. I would have sold more if I didn't … [Read more...] about Weekly Update – July 16th, 2021
Weekly Update – July 9th, 2021
Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was down nearly 1.4% this week, just a little behind the S&P 500 (+0.4%), and Nasdaq (+0.4%). We can thank my big Nasdaq 100 hedge, as well as my Kingsoft Cloud holdings, for this gap below. My hedges were quite helpful when the market freaked out on … [Read more...] about Weekly Update – July 9th, 2021
Weekly Update – July 2nd, 2021
Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was down nearly 8% this week, well below of the S&P 500 (+1.3%), and Nasdaq (+1.5%). This underperformance was thanks to many of my positions falling, as well as my hedges not hedging. I expected my positions would take a breather, which is why I had … [Read more...] about Weekly Update – July 2nd, 2021
Weekly Update – June 25th, 2021
Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was up 14.3% this week, well ahead of the S&P 500 (+2.5%), and Nasdaq (+2.6%). Year to date, I’m now down 9%. One side note, I'm up 89% over the past 12 months, which is well ahead of the S&P 500 (+42%), Nasdaq 100 (+44%), & ARKK (+84%). I … [Read more...] about Weekly Update – June 25th, 2021