Lots of Green Candles, Maybe We Are Back to Bull (Probably a Trap) Week 13 Update
Best Performing Week Yet. Still Down, but Closest to Breakeven This Year.
Portfolio — Week 13
I think the market has grown to accept the ridiculousness of the new norm and just learning to live with it. Even looking at SARK vs. ARKK, it’s clear the differential strategy only works when SARK is outperforming. All Green in my positions except for BlackRock and Builders First Source. Otherwise, another great recovery week. Still haven’t bought or sold, long bias only. Staying long and strong. See you guys next week.
Week 2: Down 6%
Week 3: Down 8%
Week 4: Down 12%
Week 5: Down 11%
Week 6: Down 10%
Week 7: Down 11%
Week 8: Down 11.5%
Week 9: Down 8% (Rounding up to $92K)
Week 10: Down 13% (Rounding from 12.8%) Ouch!
Week 11: Down 10%
Week 12: Down 6%
Week 13: Down 5%
20% BlackRock → Strategy Here
20% Costco → Strategy Here
20% Builders FirstSource → Strategy Here
15% UnitedHealth Group → Strategy Here
15% Palo Alto Networks → Strategy Upcoming
5% Tuttle Capital Short Innovation ETF → Strategy Upcoming
5% ARK Innovation ETF → Strategy Upcoming
Deployed $100,000 in my Power E*TRADE account to above allocations. $100.00 in fees and $12.00 remain in cash.
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