Although a Good Day. It Was Just One Day.
Thursday 7th November - Daily Update
~5829 is the line in the sand for both measures.
Daily
Are we now in crazy town?
I have spoken about it since the summer. Is it about to get so crazy that even the bulls can’t hold on and bears capitulate and buy in?
The paywall is a little higher today to make sure my paying subscribers get their money’s worth. Although I hope most of them are feeling quite good today.
Not too good though because the market could just as easily be down the same amount today.
You can see more in this week’s weekend rundown and portfolio update.
Current Open Equity = 35%
Stop Loss Trigger = 28%
Current Closed Equity Return = 26.1%
Open equity now sits at +35% since December 2023. If all positions hit their stop loss triggers today barring crazy gaps we would be 100% and a closed equity return of 28%.
That 7% gap while nice still belongs to the market!! Until our positions close and the profits are in our accounts they are not ours. Yet!
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