1)Portfolio Mar-end -
$ADYEY $CFLT $DDOG $DLO $GLBE $GTLB $LILM $MELI $MNDY $OKTA $PLTR $S $SE $SHOP $SOFI $SNOW $TOST $TWLO $U $ZI #ES_F
Return since 1 Sept '16 -
Portfolio +692.91% (44.93%pa)
$ACWI +72.78% (10.30%pa)
$SPX +108.70% (14.09%pa)
Contd...
$ADYEY $CFLT $DDOG $DLO $GLBE $GTLB $LILM $MELI $MNDY $OKTA $PLTR $S $SE $SHOP $SOFI $SNOW $TOST $TWLO $U $ZI #ES_F
Return since 1 Sept '16 -
Portfolio +692.91% (44.93%pa)
$ACWI +72.78% (10.30%pa)
$SPX +108.70% (14.09%pa)
Contd...
2) YTD return (2022)-
Portfolio +0.22%
$ACWI (-)7.53%
$SPX (-)5.73%
Biggest positions -
1) $MELI 2) $PLTR 3) $SNOW 4) $ZI 5) $DDOG
Contd....
Portfolio +0.22%
$ACWI (-)7.53%
$SPX (-)5.73%
Biggest positions -
1) $MELI 2) $PLTR 3) $SNOW 4) $ZI 5) $DDOG
Contd....
3) Commentary -
March was a decent month for stocks but my portfolio lost some ground due to my portfolio hedges, big drawdowns in some of my stocks and losses on my index short positions.
Nevertheless, my portfolio managed to close out the month with a 0.22% YTD gain...
March was a decent month for stocks but my portfolio lost some ground due to my portfolio hedges, big drawdowns in some of my stocks and losses on my index short positions.
Nevertheless, my portfolio managed to close out the month with a 0.22% YTD gain...
4)...versus (-)7.53% for the $ACWI and (-)5.73% for $SPX.
March was a relatively quiet month for me, I didn't make any changes to my portfolio stocks. Instead, I covered my index shorts and hedges and after getting the signal, went long #ES_F.
My long #ES_F...
March was a relatively quiet month for me, I didn't make any changes to my portfolio stocks. Instead, I covered my index shorts and hedges and after getting the signal, went long #ES_F.
My long #ES_F...
5)...position is a longer-term trading position with a pre-determined stop set just below a key moving average, so if the market turns south, it will be closed with a small loss.
In terms of my stocks, I didn't do any buying or selling in March and as long as these companies...
In terms of my stocks, I didn't do any buying or selling in March and as long as these companies...
6)...continue to execute, plan to remain a shareholder of these wonderful businesses.
In terms of the market outlook, am fairly confident that most high growth stocks have hit their lows and are now likely to build bases before resuming their northbound journey.
There will...
In terms of the market outlook, am fairly confident that most high growth stocks have hit their lows and are now likely to build bases before resuming their northbound journey.
There will...
7)...be volatility (due to Fed policy and geopolitics) but am of the view that most high growth stocks have already discounted the worst.
In terms of the indices, am unsure whether we've seen the lows or not. The market breadth has been very strong off the recent lows but...
In terms of the indices, am unsure whether we've seen the lows or not. The market breadth has been very strong off the recent lows but...
8)...valuations are still stretched, so another leg down cannot be ruled out. The next few weeks will reveal whether we've seen the low or not.
No guarantees, but of the view that the dominant ecommerce, fintech/payments, software businesses will reward shareholders.
THE END.
No guarantees, but of the view that the dominant ecommerce, fintech/payments, software businesses will reward shareholders.
THE END.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
