ElementsDonny @ElementsDonny: "Monthly Update [NOVEMBER]: Might as well..."

Australia

Edited

Monthly Update [NOVEMBER]: Might as well do this since it's time to take these gains seriously... I have been doing more research on my long-term strategy and I have discovered a new indication that should help with my profitability, it is called the "bond yield curve". When shorter term bonds return a higher yield compared to longer term bonds it can signal that investors have weak expectations for the long term of the US economy. This doesn't always signal a recession, but it does most times. A factor of confluence is how deep the bond yields invert which in the case of the 2022 inversion it wasn't a deep inversion. I need to research this indicator more. Closed Positions: Based on my uncertainty surrounding bond yield inversions, I have pulled out of my tech stocks $AMZN (Amazon.com Inc) $MSFT (Microsoft) $GOOG (Alphabet) since they have reached the overbought territory. Return on Investment: $AMZN 19.34% $MSFT 5.6% $GOOG 4.6% Increased Positions: Based on the DCF of $TTWO (Take Two Interactive Software Inc) and recent news of Rockstars latest instalment to the Grand Theft Auto series, I have determined that $TTWO is severely undervalued and is a good defensive position during a recession due to the slump in share price that brought it back to pre-covid levels. $TTWO New position with 32% of funds allocated. As always be wary. The sudden surge in the US markets is going against the FED's intention on slowing down the economy, it also goes against the inverted bond yields. However, this does not mean we stay out of the market! $NSDQ100 $SPX500 $DJ30