The LongVol - What You Missed This Week
Good morning from Puerto Rico. Back from a month break from the island and good to get back out here to get this sun and surfing in.
Here is what you missed this week:
The AST Swing Portfolio has been ON FIRE (more below)
VSCO 0.00%↑ has turned into a really big idea +40% in just a few weeks
SAVE 0.00%↑ has had a +40% run too
GLD 0.00%↑ broke out hard
Update to The LongVol Report (Below)
The Report has been on fire this year and a lot of you are making some serious money which is good to see.
Last week it didn’t end - here were some of the best ideas (Including Crude futures short)
I run an active momentum/short-term trading strategy a long with the other stuff that I explain here. That book was up over +100% this year but it pulled back the last few weeks with me trying to get aggressive.
That I am fine to test with because when you’re up with 6-7 weeks left on the shot clock for the year it makes sense to me.
There should be a few more big wins to come.
Most of that in there is driven from the Momentum Monitor/Swings/Index ETF trading and some spec situations.
To be clear - this is different than the Swing Portfolio where there is:
4% max risk on any position
Deep In The Money Calls/puts that cost more
Trades that last longer by months
That beat the SPY 0.00%↑ by a mile this year and usually does if you keep the size tapered and don’t get too crazy.
Substack Membership 2024
Starting tomorrow there will be an option on here for all of you to subscribe to this to get premium posts, analysis, weekly market outlooks and a best option idea of the week.
This will be a great option for those of you looking for more of the momentum and common market data, charts and insights.
THE AST SWING PORTFOLIO
Hard to really be mad at this and I have to really thank 3 of the longtime report members for getting me to see that I needed to break this out.
While the markets for me are a 24/7 full-time career for many of you they are not so it’s easier to use my research and put on ideas. The problem was that many of you just can’t track it or put the time in but trust the work enough to allow me to structure the trades for you (entry/size/stop and exit) and that has been working well.
So this has been a really great tool and the portfolio overall is doing well but some of you are doing much better.
The $100,000 swing book is up +1.7% realized and +4.2% unrealized.
What’s better is that the capital allocated has been less than 4% risk and the total cash out in that portfolio has never reached more than $12,000 so far.
That’s risk adjusted returns.
This has been a really good trading year and I hope it continues for the next few weeks. Me and some of the team that works with me have been working on some other stuff as well so I’ll keep you all posted on that.
For now this is the best approach and with the new Report Structure it will give some of you with smaller accounts and a more active approach an edge like it does me.
Enjoy the weekend. I’ll be around running errands today but hit me up on IG or here if you have questions. @thelongvol
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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.