๐๐ฎ๐ฐ๐ธ ๐ฎ๐ ๐๐ต๐ฒ ๐๐ฒ๐๐ธ: ๐ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐น๐ผ๐ผ๐ธ ๐ฎ๐ ๐ผ๐๐ฟ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ & ๐ข๐๐๐น๐ผ๐ผ๐ธ ๐ง
Dear Copiers,
I know, I know โ itโs been quite a while since you last heard from me. ๐ My apologies for the radio silence! To be honest, my schedule currently looks like a game of Tetris on the highest difficulty level: Between my Banking & Finance studies, my job at the asset manager, and the curling season being back in full swing (yes, the ice is calling!), the window of opportunity for detailed reports has been microscopically small.
But โ and this is the most important part โ don't worry! Just because Iโm writing less here doesnโt mean Iโm analyzing less. I have my eyes permanently glued to the charts, and active portfolio management is definitely not being neglected. Priorities must be set, and right now, they are clearly on performance, not typing. ๐
Where do we stand right now? Our portfolio is currently in what I call a "healthy consolidation phase." We are still licking our wounds a bit from the October sell-off, but looking at the big picture is reassuring: With a YTD performance of a strong +20%, we are still beating the market significantly! For comparison: The $SPX500 is hovering around +15.5% and the $NSDQ100 at +19.3%. So, we are still in pole position. ๐๏ธ๐จ
Why was it a bumpy ride? The fact that we had to give back some of our profits (approx. 10%) is mainly due to two candidates: Crypto and Gold. Cryptocurrencies have gone down quite a slide. $BTC has lost around 31% since its all-time high, and our altcoins were hit even harder โ $ADA, our largest position here, took a hit and dropped about 60% in a similar timeframe. The gold price ($GOLD) is also taking a breather, trading about 5% below its all-time high.
The Silver Lining: Our Airbag ๐ก๏ธ Luckily, I reacted almost exactly at the all-time high of gold and opened a short position on our mining stocks as a hedge. That was worth its weight in gold (pun intended ๐) and cushioned a lot of the losses. Without this strategic move, the consolidation would look much more uncomfortable.
Outlook & Mindset Even though gold has managed to stabilize a bit in the last few days, I still expect a somewhat rougher sell-off in the short term before our gold rally resumes full speed ahead alongside the mining stocks. My general market assessment hasn't changed fundamentally โ the strategy stands.
Therefore, my appeal to you: Think long-term! ๐ง Yes, it hurts when 10% of paper profits evaporate temporarily. But the stock market is not a one-way street, and it can't just go vertically up every day. In turbulent times, don't let emotions manage your money โ that's what I'm here for. We are in a healthy correction that is catching its breath for the next leg up.
Thank you so much for your continued trust and patience! ๐
I wish you a relaxing evening.
Best regards,
Luca
Do you like this update? Hit "Like" ๐ if you are still on board for the long haul, and feel free to write in the comments ๐: Are you Team "Buy the Dip" or Team "Wait and See"? I'm curious to hear your thoughts!... Show More
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Sat Jan 24 2026 08:35:18 GMT+0000 (Coordinated Universal Time)
