The LongVol - What You Missed This Week

Dec 09, 2023

Good morning from Puerto Rico. This was a long week but not because of the markets but with some of my other investments and start-ups I am working on but I enjoy building things, so it hardly feels like work. (more on that below)

This week was relatively slow with NFP data being the focal point.

Here is what you missed this week:

It was a sleepy week with a tight range in most equities and that’s just what it is.

Those are the numbers for the indices YTD as of yesterday.

3 months ago, I was talking about the above as it relates to housing and discretionary spending. Read that here.

I bring that up because this rally we’ve seen at large, to me, is going to end come January but we’ll deal with that then.

For now, it’s time to sit back, wind it down for the year and prepare for 2024 because in this business there are no fall-breaks - just 3-day weekends and mini-vacations here and there.

New Projects

The launch of the AST Alerts Portfolio has been great. The returns and ideas have been on point and legitimately it’s just such a great (and realistic) solution for almost anyone who is not active.

A few years ago I was funding futures traders with my own money (read here). And I had almost created a prop firm back then buying RealPropTrading.com - but other projects came forward and at this point I like being the capital in the deals v. being the actual manager.

But next year that site will be live and I think many of you will enjoy it for a few reasons:

You’ll get bite-sized educational content on various investing concepts.
You’ll get to hear from people who I’ve taught and mentored over the years instead of me - I think that’s a plus because you get their twist on it.

I’ve always just given you all everything I know and use because using an Absolute Return w/ a cross-asset approach is what works best, for me at least.

But that thinking (just like the report being too big for some) was selfish because it served me and no necessarily others.

So as with all thing’s reflection brings a change was made - just like breaking up a membership to Substack as well.

I won’t be running the day-to-day on that Company but providing the platform for it is what I can do.

If you have any ideas for it I am all ears (and do listen - look at AST Alerts, that came from a long-time reader).

Wrapping it Up

That’s it for the week recap. Headed out to check out the surf here and get away from teh screens today.

The final issue of The LongVol Report for the year is out tomorrow morning.

Dan

This article is presented for informational purposes only, is an opinion, is not intended to recommend any investment, and is not an offer to sell or the solicitation of an offer to purchase an interest in any current or future investments. Any such solicitation of an offer to purchase interest will be made by a definitive private placement memorandum or other offering documents.