Aug. 12 at 9:47 AM
Lots of movement and rebalancing in the HT-ETF this month as various things played out and valuations continue to look a bit toppy in the tech sector in particular.
I'm at 70% cash still and beginning to pivot into more yield producing stuff in anticipation of the changing rate cycle.
On liquid stocks I always run a core and a swing position. I was a net add-er across my top 5 positions this month.
Super heavy weight positions (11% + of deployed cash):
$ARQ
$ANRGF
Heavyweight (8-10%)
$CCLDO
$ITRM
$TOYO
AGNC
Middleweight (3-7%)
HIPO
FOA
GOOG
Flyweight (1-2%):
XLO
NVDA
CCLD
Watching for (re)entry:
DAVE
Monthly return on invested capital: 8.1%
Side note.
I continue to believe that retail's biggest opportunity for a generation is AI driven journalism. Or rather the lack of precision in AI driven journalism.
Knowing how to read filings and balance sheets, think critically and see past headlines esp. during earnings season is a huge arbitrage opportunity.