📊 Weekly Update | Sniper Strategy
Hi all 👋
Not the strongest week for the portfolio, with broad market weakness continuing to impact both growth and defensive assets.
What stands out most is that this isn’t simply a “BTC down, portfolio down” environment.
In fact, some of the biggest drags recently have come from positions that would normally be expected to provide stability.
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📉 What’s driving markets right now?
We’re currently seeing a fairly unusual market environment where investors are reducing exposure across multiple asset classes simultaneously.
Key concerns remain:
• Sticky inflation and uncertainty around future rate cuts
• Slowing economic growth expectations
• Ongoing geopolitical tensions
• Higher volatility across commodities and energy markets
• General risk reduction by institutional investors
Normally you’d expect money to rotate into defensive areas during periods like this.
Instead we’re seeing:
→ Gold under pressure
→ Defensive healthcare names like McKesson selling off
→ Bitcoin struggling to gain traction
→ Equity markets remaining volatile
When defensive assets and growth assets fall together, it’s usually a sign that positioning and liquidity are driving markets more than fundamentals.
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📊 Portfolio Positioning
Current core holdings:
• McKesson (MCK)
• Bitcoin ($BTC)
• Gold ($GLD)
• Nvidia ($NVDA)
• iShares Aerospace & Defence ETF ($ITA)
The portfolio remains positioned around the same themes I’ve discussed throughout the year:
🛡 Defensive quality businesses
🪙 Long-term Bitcoin exposure
🥇 Gold as a monetary hedge
🤖 AI and technology through Nvidia
✈️ Defence and aerospace via ITA
The addition of ITA reflects a continued focus on geopolitical realities and increased global defence spending, which remains one of the strongest long-term structural trends currently in place.
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🎯 Bigger Picture
While the recent pullback is frustrating, it’s worth remembering:
• Portfolio risk remains relatively low
• No leverage is being used
• Asset selection remains focused on long-term themes
• The strategy continues to outperform the S&P 500 over the longer term
The goal has never been to avoid every drawdown.
The goal is to build a portfolio capable of compounding through multiple market cycles while keeping risk controlled.
That approach doesn’t always win every week or every month.
But over years, it has served us well.
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📈 Current Snapshot
• YTD: -0.93%
• 2-Year Return: +21.43%
• 5-Year Return: +87.25%
• Annualised Return: +12.55%
Despite a difficult start to the year, the long-term trend remains intact and the focus continues to be on disciplined accumulation rather than reacting to short-term market noise.
Thanks to everyone continuing to follow along and copy the strategy.
Have a great week all 👍
— Matt (@capimatt)... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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Fri Aug 07 2026 20:45:58 GMT+0000 (Coordinated Universal Time)
