James Paterson @Airwalk86: "Hello valued Copiers & Followers..."

United Kingdom

Hello valued Copiers & Followers from a very hot Biên Hòa, Vietnam 🇻🇳 Our portfolio continues to shine this year with a good outperformance of my preferred benchmark $NDQ100 however we have endured a massive amount of volatility which both I & you guys do not enjoy but are somewhat of a necessary evil to outperformance. I've included an 'X' post below from Raoul Pal which he posted today which just about sums up why we position this portfolio heavily into tech & the 'better' Crypto projects. It may just be that easy that risk assets follow global liquidity over time with some breaks in that correlation occasionally - usually due to short-term sentiment/outlook. "The Everything Code suggests that over time the NDX has a 97% correlation with GMI Total Global Liquidity. Total Liquidity is at all time highs. NDX is following. We have been long tech stocks in GMI (and RV Pro) since Dec 2022 when liquidity bottomed. Crypto has digested the lagged effect of the US shutdown and liquidity crunch and should follow suit and head back to new highs as the business cycle improves and the Iran war fades. This has been a nasty mid cycle correction in my view and as marginal liquidity was withdrawn it got hit hard but as it comes back, it should accelerate. Let's see but nothing in my framework has changed. That led me to keep adding into weakness. Once we hit over 1 standard deviation overbought on the log trend, that'll be the time to take lifestyle chips off. I didn't before because it didn't get to that zone so I added on weakness instead. Good luck. Let's see..." We keep pushing on guys... I will follow up this post with a summary on recent moves in the portfolio. Cheers, James $BTC $RKLB (Rocket Lab Corp) $ETH $QQQ (Invesco QQQ)

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