Sell in May. Oops!
Week 28 - Equity Portfolio Update
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Onwards and Upwards.
We had an OpEx blip but this move has been relentless.
We are seeing outlier daily moves given the band we are in, but those bands exist for a reason. The data redefines the bands daily.
Mr Croissant green lights.
Current Open Equity = 30.5%
Stop Loss Trigger = 26.3%
Current Closed Equity Return = 25.6%
Our open equity outstanding is ~31% since we started in Dec ‘23. We have been able to capture ~26% returns in closed trades, meaning ~5% open equity still belongs to Mr Market. Until we close the trade it doesn’t yet belong to us!
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