Hedged Growth Outperforms by 17% in 1st 10 days
Next weeks outlook favors a market bounce after any initial drops on Mon or Tues due to fund redemptions. The world Governments have come to the rescue in full force so it's getting to the point that further downside is limited. Therefore, the portfolio is tilted towards a up market with the APPL, NYX, and WFC purchases on Friday. With any strong bounce, I'll likely look to add further shorts to keep the hedge going. On any weakness that holds the prior lows, I'll look to add more growth stocks. That portion of the portfolio is still roughly $200K low and I'm pretty bullish once we get out of this weak period.
Hold on because next week could be bumpy but we're already off to a strong start. I'm still intrigued to see how the portfolio does on an up day. Amazingly that hasn't happened since I started it on 10/1. Historical times to be investing for sure.