New Trade Alert Below Profit Summary and Track Record
SPY went from 307.54 to 307.05 or -$0.49 loss
Collar went from -$0.30 to +$0.27 for = -$0.03
Net Profit = -$0.52/Share on 1700 SPY shares however our 3700 shares of TLT rose by $0.80 from yesterday’s price nudging our portfolio up +0.2% over the past 24 hours or a gain of $2,900 between the SPY and TLT.
Here’s a breakdown of our monthly returns which has only had 1 losing month out of 11 months and averaged 1.45% per month.
Our Monday, Wednesday, Friday trade alerts at noon for the SPY are already up 1.1% for the month of November and have averaged +1.02% per month over the past 11 months.
Our more aggressive trade with much less of our total assets on Tuesday is up 2.0% so far in November and has averaged 1.47% per month over the past 11 months.
The bond portfolio has 1.18% per month over the past 11 months and while currently down -2.1% in November I’m expecting a huge pop as US/CHINA trade talks falter, impeachment worries grow & repo madness signals underlying problems in the banking system.
Meanwhile our Precious metals and Crypto portfolio has been absolutely flat for the past 2 months after averaging an insane 10.36% per month.
Unless The Fed signals they’ll be raising interest rates and/or a miracle global recovery spurs from China without massive credit creation, we want to remain long precious metals even through high levels of volatility.
Key Macro: China lowered key lending rate, JPMorgan has increased long duration bond portfolio by 50%, Buffet hoarding most cash of any company in the world and repo market is loaning 180B/day to keep banks afloat.
Throw in China continues to drag its feet and demand more and more in trade deal… is a stock crash in the works on the next wave of bad news?
The charts below illustrate the profit per month we’ve generated against the SP500 and what you’ll notice is that we rarely have a losing period.
Note the 1% return while SP500 crashed -16% in December…
Note the -7% return in May from the SPY ETF as we made a 2.2% return.
Again in August SPY ETF fall -7% and we deliver a 1.8% return.
Here is our current asset allocation recommendation:
New Trade Instructions
New Trade: Per 100 shares of SPY
(1) Buy to close Nov 6, 2019 $309 SPY Call, Sell to close Nov 6, 2019 $307 SPY Put
(2) Sell to open Nov 8, 2019 $308 SPY Call, Buy to open Nov 8, 2019 $306 SPY Put.
Step 1. Close our previous trade if you took it otherwise skip to step 2.
Step 2. For every 100 shares of the SPY you own enter one of the following option contracts.
This is the maximum P/L we can achieve.