Michael Jensen @GenesisGains: "Copier Update Hello everyone, Just a quick..."

Denmark

Copier Update Hello everyone, Just a quick update to keep you in the loop after a few busy days in the market. First of all, I want to acknowledge you all—your patience and positive mindset since I reduced exposure have been exceptional. That kind of discipline is rare, and it genuinely makes a difference in how effectively we can navigate markets like this. Over the last stretch of the rally, we managed to increase profits to +6.12%, largely thanks to rotating more heavily into semiconductors—clearly one of the standout sectors. What’s worth highlighting here is that we achieved this while running reduced exposure. The $NSDQ100 may have looked like it was “flying,” but it only gained around 4.5% from its previous 2026 high, meaning we actually outperformed despite taking a more controlled approach. We also capitalized well on some of the rally’s strongest names, $MRVL (Marvell Technology Group Ltd) $AMD (Advanced Micro Devices Inc), etc., which helped offset weaker areas of the portfolio. This was especially important in a market where breadth has been poor—most stocks simply haven’t been participating in the upside. Today we’re seeing some weakness, but as we’ve all experienced recently, sentiment can shift very quickly. Sometimes all it takes is one headline to push markets back toward new highs. That’s exactly why I’ve been positioning us for both directions, rather than chasing one narrative. While others focused purely on the upside, I gradually increased exposure to more defensive names during the rally. That’s now helping cushion downside moves. At the same time, I’ve carefully increased overall exposure from 40% to 50%, selectively adding to positions that offer the best risk/reward if the market turns higher again. Looking ahead, tomorrow’s FOMC decision and Powell’s comments will be key. On top of that, around 42% of the $SPX500 (by market weight) is reporting earnings this week—so volatility is almost guaranteed. Some of today’s weaknesses are likely just positioning ahead of these events. Overall, I’m very satisfied with how we’ve navigated this environment. Staying flexible, managing risk, and still capturing upside has put us in a strong position going forward. If we continue executing like this, there’s a lot more potential ahead this year. At the same time, we should expect volatility to remain elevated, with macro uncertainty, geopolitical tensions, and the broader political cycle all in play. So nothing changes in terms of approach—we stay prepared, adaptable, and focused. To the new copiers: thank you for your trust. My focus remains the same—to manage this portfolio with discipline and consistency, so your decision proves to be the right one over time. And to those who’ve been here longer—you already know how much I appreciate you. You truly make this journey worthwhile. Mike

Not investment advice. The author may have financial interests in the mentioned instruments.