TL;DR Dips get bought..
Week 35 - Equity Portfolio Update
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All green on the board again after a short term wiggle.
6363 to break momentum
5959 to break trend
All Strength of Signal (SoS) are rising.
We remain in the green zone where SPX spends 65% of its trading time. This zone has a narrow but positively skewed distribution.
Mr Croissant says Vanna and Charm are weakest.
Current Open Equity = 31.3%
Stop Loss Trigger = 27.9%
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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