I’m still holding a quarter million on small caps and in the last five months so far it 10% underperforming big tech , yet still remains in a healthy configuration. At some point the long term averages are going to come and give price a poke and it will have to shit or get off the pot.
I’m still confident given the length of its confinement that the move could be explosive. I would still expect that move to be a rotation qqq down a few percent iwm up 3% kind of days .
Still holding Ui but up almost 30-40% so quickly has me eyeing the exit .
Sitting on nice gains in Apple Not looking to sell.
Snow and sbux are my red positions both only around 15-20k invested so I’m not too concerned with that but neither chart looks that great . Sbux from a day trader time frame shows some life off this low . At this point my expectations for both are currently poor .
Sonfar this year more active strategies would have been more fruitful but also more time consuming , I really do dislike low volatility markets, I can’t beat the market with a low vix so not much to do but be patient
One of my goals this year was to reduce the tax bite and that requires some changes to behavior that make a little cautious about changing things that have worked for me .
Longs : spy rps iwm ijs aapl goog snow sbux dis ui low qqq fbtc xlv xlf xle amzn c tsla
www.forbes.com
Blazin
but I remembered you listed your long positions and wanted to dig through them. How much emphasis do you put on balancing your long term portfolios sectors? For instance my personal account is very heavy in big tech due to fxaix and qqqm. Are you holding XLV, XLF and XLE to for the sake of diversification or is there a more strategic reasoning? All your decisions seem to be very strategic so I would assume the latter.
