Mentioned
SPX500 Index (Non Expiry)
SPX500
38.66 (0.51%)
7577.40
7578.54
State Street SPDR S&P 500 ETF
SPY
3.24 (0.43%)
754.66
754.68
Absci Corp
ABSI
-0.8700 (-7.59%)
10.59
10.60
Tudor Draghici
Tudor Draghici
Romania
1mo
Short Portfolio Update Friday's jobs report came in stronger than expected, leading to a sharp market sell-off as investors reduced expectations for interest rate cuts later this year. During the week, our portfolio declined 4.74%, while the $SPX500 fell 2.59%. This brings our year-to-date performance to -2.70%, compared to +7.86% for the $SPY (State Street SPDR S&P 500 ETF). I closed our positions in $ABSI (Absci Corp) on Thursday and Friday. Following these sales, cash now represents 3.07% of the portfolio.
Not investment advice. The author may have financial interests in the mentioned instruments.
3 Mentioned
SPX500 Index (Non Expiry)
SPX500
SPX500 Index (Non Expiry)
State Street SPDR S&P 500 ETF
SPY
State Street SPDR S&P 500 ETF
Absci Corp
ABSI
Absci Corp
null
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