The Exodus Quant Might Reposition Out of Small Caps for July

I’ll do the numbers tomorrow, but it looks like the Exodus Quant fell in line with the SPY last month, long small cap stocks between the market caps $1-5b. It has been long small caps for 3 months and this strategy has proved to be a profitable one, higher by 9% for the year.

Over the past week, however, mega cap stocks have shredded small caps and the margin of outperformance is very small now, between small and large. There is a chance Exodus will reposition out of small and into large.

If you’re just reading me for the first time today, I have a quantitative method by which I invest the majority of my money — using fundamental analysis, using my investment software. I position in the very best companies, graded by my algorithms, 2 stocks per sector, and I do it with a smile and a listless care in the world.

During the week, in order to satiate my desire for craven madness, I trade with fellow lunatics inside The Pelican Room. There, my winship is performed unbridled, and unmatched. But there are times when I do not do well, such as the week that just passed. My methods are momentum based, so when markets are reverting to the mean, I sometimes get fucked. The key, of course, is to cut out the losses quickly, something that I’ve been dreadful at, historically, but have been getting better at.

I have a thing to go to this morning, lasting thru the afternoon. This being the weekend before July 4th, I gather many of you flagFAGS will pretend to be patriotic and use that excuse to get drunk, or stoned, or utilize whatever vice you deem appropriate. I, on the other hand, will be working hard, like Clubber Lang in the gym when Rocky was rolling in the grass with his wife and flowers, figuring out methods and ways to up my performance — preparing for the week ahead.

How else do you expect me to get ahead in this fucking rat race of a life, an existence marked by the things gathered and collected over a lifetime, experiences enjoyed, positions of power wielded? It’s not all shit, believe me. There is beauty in all things, or at least most, you only have to look at and examine the smallest of details to appreciate how fortunate we are to be here, running in the race, trying like mad fools to attain a semblance of calm and happiness.

Have a great Saturday.