WYMTM
If you missed the article of the week the link is here.
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Q3 Quarter Recap & Market Calls/Trades
Monday markets the end of Q3 and it’s been one of the better quarters the last two years for us and the fund/clients - and personally! The end of a rate cycle helps to move money flows into different sectors and many names inflected this Summer into this September rate cut and there was a lot of opportunities to put money to work and I still think there will be more as we get into end of year.
Here were some of our expectations this quarter.
Most of those played out but the reality is (and unlike what you see online) trade calls don’t matter. Neither do market predictions unless you make money - if I don’t make money in my accounts then it’s pointless. If we don’t make money for our investors then we don’t get our performance fee.
This is one (of many) reasons I ignore 90% of any other fund guys and what they say or most macro research because at the end of the day it comes down to execution.
If you don’t know how to combine the two then you’re likely on the hamster wheel that most of society faces when trying to invest and if that’s the case then use the AST Alerts Portfolio - we do the work for you.
It was up again, final calculations to be done next week.
You can save 50% on the yearly subscription with the code below - click here to subscribe to it.
Some of the bigger wins for the firm were the following:
XHB 0.00%↑ RDFN 0.00%↑ EXPI 0.00%↑ longs in July through the rate cut - many of those names had +20%-40% moves in the equity, more in some of our options structures.
WPM 0.00%↑ GOLD 0.00%↑ NEM 0.00%↑ - all of those rocketed higher into the cut and likely continue especially if Kamala wins.
BABA 0.00%↑ Leaps - discussed this a bit this Summer but investing in China is tough without stimulus like we just got. I am certain retail chases and I am certain that I disagree with it given their nature to be nefarious with their public equity markets.
There were a lot more from the report as well and it’s good to see The Momentum Monitor users really put up some numbers.
Updates/Changes for Q4
We made some changes for Q4 under the LongVol umbrella to make navigating our products/research easier so let me start with them here:
DeltaOne/FOPT Training: This is not for investors who have a min. 2 years experience and at least $50,000 in capital. We’ve added a 50 hour Top Down Investing lecture series I created earlier in Q1 called FOPT (Foundations of Professional Trading). This is application based going forward but is a place for those who are actually here to make money trading cross-asset and willing to engage, contribute and put in the work required to do this; the same approach I’d use if you were on a desk with me in training is what is done here - NPCs will not be admitted!
SAT Options: I created this trading framework in 2015 and revised it in 2022 for traders who were new or with small accounts. It is going to be implemented by AgileGnome (Bryan) on a separate website that is launching in 2 weeks. I trained him back in 2018 and he’s been trading since. This is an ideal place for beginners/those with small accounts to learn and with someone who has more patience than me to lead and teach it.
You can save 50% off the training by using the code: longvolq4
AST Alerts Portfolio: No major changes here. This has been one of the best ideas to be implemented here this year and it’s really thanks to two (long time) subscribers.
Conclusion
Q3 was as good as it gets and I have some ideas for Q4 that I will share on next weeks article of the week and show but for certain, we’re going to continue to see manipulation in the oil markets and potentially a lot of volatility as the election month comes, which is good for us!
If you have questions on anything about the above drop me a DM or email!
Enjoy the weekend,
Dan
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This article is presented for informational purposes only, is an opinion, and 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.