Tape confirms bull case...

...so far!

Quick update:

I have no reason to believe this rally has no legs. Total change of character of high beta (strong, lots of intraday relative strength!) and big cap growth compounders are strong too.

Small cap value momentum: no change of character, all good so far.

The tech small cap value momentum I added do well too:

ASYS

IMOS

KARO

MIXT

RELL

TRT

WYY

ZDGE

LOV

Still should have added not small caps but big caps when I saw the strength, well, well…

But it was very o.k. to go longer at the 16th and 18th of March 2022 and I did not make the mistake to short into high beta when everybody got excited to do so!

I got even longer with Google and FB and HRT (missed NVDA!!!) here, I am too chicken to go long high beta mid-caps, I stick to the growth compounders.

IWM Short is now 28% of the capital and I am leveraged up around 38% :-)

Also, for longer time investors have a look at FRT, very interesting!

What needs to happen here are days like yesterday, where we consolidate and build flags and then (hopefully lift off from there!).

All this can change in a heartbeat, this is not a bull call for months.

9% YTD, nothing compared to last year, but with this market I really have to be fine with it!

As always this is not investment advice.