Hi everyone,
First half of the year was good but not the best.
We took a stance and it wasn’t clearly the best choice. Yup, I had risk off, and kept plenty of cash in hand making us close 1H24 up around 8-9%.
Risk profile is down to 2..
That rally has been powered mainly by AI and its magic, with $SMH up more than 50% in the same period !!
Always tough to be in a position where you see market rally and you’re under invested.
Timing is everything clearly and I timed that one badly.
Having said that, that’s just halfway through the year and we will see what to make of the July to start with.
Thinking $BTC to allocate some of the cash back into crypto.
In the meantime $NKE (NIKE) tumbled roughly 20% after the firm posted fourth-quarter revenue below expectations. Nike also reduced its full-year outlook. Has to be monitored..
Let’s keep posting to share ideas for next months
Happy trading
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