William Amzand @wilalexa: "𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 𝙖𝙣𝙙 𝙈𝙖𝙧𝙠𝙚𝙩 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 The..."

Netherlands

𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 𝙖𝙣𝙙 𝙈𝙖𝙧𝙠𝙚𝙩 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 The seasonal portfolio is continuing strong in February, adding 1.3%, bringing the YtD performance to 6.7%, while the $SPX500 is flat for the year. The rotation from more tech focused in Jan, to more defensive positioning in industrials for February, has helped lock in profits, while guarding the negative beta of the market in this month. Roughly half of the names are up on the month, with top 3 performers being $ENTG (Entegris Inc) , $HTHT (Huazhu Group Ltd-ADR) and $SBLK (Star Bulk Carriers Corp.) adding respectively 15%, 13.7% and 10.5%. The market is continuing to be a Trump driven story. This month European defense stocks recovered, bitcoin is definitely not the new gold and Trump wants to release classified documents on UFO's. Never a dull moment in the markets. I do want to highlight a few risks specific to the U.S. market that are getting hard to ignore. We have seen the USD weakness over the recent months, while at the same time investors are pivoting away from the U.S. stock market and treasury market. And this is happening while the interest cost of the U.S. debt are getting close to unsustainable. To mitigate these risks, make sure you remain diversified, across geographies, sectors and asset classes. As and when these risks play out, the diversified portfolios will be the ones left standing. Be careful out there.

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

4 Mentioned

SPX500

SPX500 Index (Non Expiry)

ENTG

Entegris Inc

HTHT

Huazhu Group Ltd-ADR

SBLK

Star Bulk Carriers Corp.

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