ETF THURSDAY & Friday
Part 1 (Thursday meeeting)
part 2 (coming soon)
Our simulated ETF portfolio had a netliq of $513K( paper money) at the start of our Thursday meeting. Into our 15th month managing this portfolio, and finally starting to show gains.
This week we managed the U.S. side of the portfolio. We did encounter forced liquidations ( which you will see in part 1 ) We were forced to fully liduitate KRE and KBE on a six month RS trend break. We're fairly certain the trend will recover but you have to stick to your rules! We also liquidated half of our position in XHB as 3 months returns fell below our benchmark, the ACWI.
Lastly, in our part 2 video, we manage the delta neutral portion if this portfolio. We were able to take 1 strangle off the board for slightly better than a wash and add a new Feb position. We also were forced to manage two other strangers which the call side has been challenged. Watch part 2 if you'd like to see how we manage out delta neutral strategy.
This week we managed the U.S. side of the portfolio. We did encounter forced liquidations ( which you will see in part 1 ) We were forced to fully liduitate KRE and KBE on a six month RS trend break. We're fairly certain the trend will recover but you have to stick to your rules! We also liquidated half of our position in XHB as 3 months returns fell below our benchmark, the ACWI.
Lastly, in our part 2 video, we manage the delta neutral portion if this portfolio. We were able to take 1 strangle off the board for slightly better than a wash and add a new Feb position. We also were forced to manage two other strangers which the call side has been challenged. Watch part 2 if you'd like to see how we manage out delta neutral strategy.
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