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Wednesday 22nd May - Daily Equity Update

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Don’t fight the current.

The benefit of timing means we have a cushion upon which we can act. We have not chased meaning if a trend changes our gains evaporate and we are forced into a decision from a weak position.

If all of our positions close today we will capture ~ 16% returns.

No stress no drama just decision points.

Could Nvidia's earnings crash the market today/tomorrow? Who knows?

From the chart above I know exactly where at what prices I need to make a decision.

During the great crash of April 2024, First Solar FSLR was the only stock of all 73 in the technology sector of the SP500 to remain a long.

There is no real significance to that stock simply highlighting how much can change in a month.

Sell in May and go away is a seasonal mantra we must stick to, unless we don’t I guess.

This is not predictive. This is descriptive of the past and nothing more.

Thank you to all the new subscribers especially the two who now get to see past this annoying wall.

Stay it must! Else how will I pay for my British kids to have nice American teeth?