Monthly Report
Volatility is the new Normal!
Dear Followers and Copiers,
First of all,
I want to thank all the new copiers for the confidence they are giving me.
As historically happened many times in the last 4 years of trading for this type of Portfolio, after a red month follows a green month.
This means that in the last 4 years, the best months to begin copying or increase the capital are the red months, the worst months to close the copy are the red months.
Unfortunately, often the opposite happens.
You can track our Portfolio and check several statistics, opening this link, and saving it in your bookmarks.
https://sso-boilerplate-copy-282c321b.base44.app
We completed the month of April, Including dividends and commissions, with a profit of 3.59%, not far from the double of our average monthly profits of 1.86% since January 2023.
We have 5.08% gains from the beginning of the year, a positive value considering the consequences of the war in Iran and inflation on the market so far.
According to my analysis the commodities such as Gold and Silver, might suffer for a few more months, and we are getting closer to the completion of their correction.
A consolidation phase, probably will follow, a good time to increase our exposure during the next months using the cash provided by our dividend stocks.
The last month we have been rebalancing our portfolio, closing Bank of American, and slightly reducing JPM.
The banks seem to be punished upfront by basically any negative news, but their fundamentals look solid and they should actually benefit from both, higher rates for longer and the deregulation that the Trump administration is progressing with.
We increased slightly Walmart and T-Mobiles, that should give us a good protection moving forward during the year.
I expect more volatility during the next months but that shouldn't be a reason to panic.
We have a portfolio analyzed with AI, we achieved a correlation coefficient of just 0.13 in the last 90 days and basically minimal exposure to AI and technology stock that I think have some more “worries” to face during the next year or two.
Best Regards to everyone and good trading,
Daniele
... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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