Monthly update on November 5, 2025:
Changes in the portfolio.
Current exposure: ~94% long
Seasonality that is not happening this year.
Many who have already called for “moonvember” again were extremely disappointed, at least at the beginning of the month.
In fact, fear indicators are once again at record lows, even though the indices are close to all-time highs.
This is, of course, mainly due to the fact that most of the 500 stocks in the $SPX500 are currently performing rather poorly, whereas only a handful of AI-pumped tech giants in the $NSDQ100 are keeping the indices artificially alive.
Among other things, the ongoing liquidity crunch has meant that even $BTC has been unable to maintain its support between 106-108k, sending altcoins down.
The next major support level at 100k must hold, otherwise the so-called “4-year cycle” could end without a significant altcoin season.
However, I expect higher prices by the end of the year.
(As always, this is not a financial advice. The exposure of ~94% is formed by bonds, stocks and CFD)... Show More
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Sun Jan 18 2026 00:34:07 GMT+0000 (Coordinated Universal Time)
