Macchia69 @Macchia69: "11 - January 2024 -..."

Italy

Edited

11 - January 2024 - End of month report We are in the new year, and the $UK100 seem to be in a holding pattern, some might describe it as moving sideways. There appear to be little patches of volatility interrupted by long stints of no action. Fortunately, we have now moved to the upper central zone of the strategy, which is by far my favorite as it keeps in the low interval, high profitability area, but has lower fees than its lower counterpart. My expectation is that it will stay like this until one of the macro questions, such as interest rate reduction, red sea naval traffic, elections, etc., gets clearer in the minds of the investors. At that point, we might witness the markets taking a more purposeful move one way or the other. On a more parochial note, there are two considerations to make. I managed to close the $AMZN (Amazon.com Inc) position in the green. On the whole, my profit was minimal, but with it being in the green for me, I think it must have made quite nice profits for all those who copied me when it was deep in the red. Incidentally, this is the reason I do not close positions in the red, and I don’t keep positions open in the green. This guarantees that no matter when the copiers get on board, they should not lose money due to my trade closures. For the above-mentioned reason, I will hang on to the other non-$UK100 positions until they get back in the green. They are no cost to any of us and, in fact, they occasionally even pay some dividend. $SPLV looks closer to the closing point, while I suspect $VNQ and $SBSW (Sibanye Stillwater Ltd-ADR) will keep us company for a while longer. The second thing that I want to convey is a great deal of gratitude to my copiers. I see that compared to a 22% growth in the number of copiers, I have a 42% growth in the AUM value. This tells me that either there are new copiers who invest more, or there are existing copiers who increase their investment size, perhaps both. Either way, this gives me a message of increased trust in what I do that I hope to repay with renewed effort in both trading and transparent communication. Finally, I added a new graph (bottom one) charting on the left axis the weekly return, all positive but the first two back in February 2023, and on the right the daily return. Note that the spike down on the daily are due to the fact that the fees are charged with a delay of one day so, nearly each week, there is a negative value for Saturdays, where the portfolio pays the weekend overnight fees with no trading and therefore no earning. 💰 The dividend for this month will be $4,157.53 (4.16%). ⏺️ eToro data - Month Average Risk: 3, - Month Max Risk: 5, - Performance 5.98%, - Copiers number: 806, +144 (+21.75%), - AUM: $2,510,000, +$744,410 (+42.11%) - Portfolio value: - Unrealised: $104,157.53 - Realised: $98,215.55 - Portfolio composition: - Index: 28.41% (UK100) - Share: 1.57% (SBSW) - ETF: 2.60% (SPLV, VNQ) - Cash: 62.84% ⏺️ My data: - Unrealised performance - Total change: $4,157.53 (4.16%) - Weekly breakdown: - W1 1.25%, - W2 1.09%, - W3 0.60%, - W4 0.59%, - W5 0.63% (partial week)

5 Mentioned

UK100

AMZN

Amazon.com Inc

SPLV

Invesco S&P 500 Low Volatility

VNQ

Vanguard Real Estate ETF

SBSW

Sibanye Stillwater Ltd-ADR