I bought MU, PAYC, TWTR, APPF and ZEN into the bell — all 5% positions. Couple that with an earlier purchase of EXK and I’ve now allocated 70% of my cash. My portfolio is most unusual, centered around the idea that bonds, gold, and SAAS can rise at the same time. While this might appear to be an odd mixture of complexities, it is well thought out and a cowardly approach to a potential melt up.
Markets did nothing from the opening tick, but drift and fade a little. I’m comfortable with that opaque and haunting benevolence in the tape — because it brings with it a certain verve and demeanor that requires aptitude and a relentless spirit to chase it down. This market isn’t for old men and if you’re not careful, you’ll be burned down to as cinder.
My position is simple: 3-5% directional lift higher towards the top of the range, and then failure after the New Year. My gold positions should cushion any shock to the system and my bonds will hedge. While I’m still 100% long in my Quant portfolio, it is also 50% allocated into a defensive structure. I hope that I’m doing right and have properly analyzed the environment. I’ve been hemming and hawing plenty and vacillating between success and failure, all amount to not much. Not much at all. I’ve prepared and highlighted my thoughts and have been reviewing them in person, LIVE, inside of The Capstone Programme. If you’re confused, unable to invest with honor and for profit, let me teach you what you need to be told. Get into the Capstone.If you enjoy the content at iBankCoin, please follow us on Twitter