By any reasonable viewpoint April was evidently out of bubble gum.
The portfolio lost -8.6% for the month and landed squarely at -28.4% for the year. Oddly enough, I am reasonably solaced - at least to some minor degree, with that number, given that the market - as well as the economy, appears to be in rapidly declining meltdown mode.
On Thursday I sold a bunch of Trading Blocks in the usual suspects and then on Friday the bottom fell out and I again got lucky: what kind of lucky remains to be seen. Normally…I would have used Friday’s blowout to pile right back into all the Trading Blocks I had just sold; however, on this particular Friday I had some business appointments all day and simply wasn’t available to act on the drop. How that turns out will determine what sort of luck I actually had: If the market continues to plummet I will call it DGL - and re-enter the sold TBs at better prices; on the other hand, should the market miraculously pound aggressively higher I will call it DBL and simply wait for other opportunities albeit with one small caveat.
Here are the monthly and YTD totals for 2022:
The current portfolio roster:
S - Promoted late in the month to Starter from Bench
MNDY - Demoted to Bench currently Starting
B) The Bench
SNOW - sold at $221 and some change and added back to The Bench at $175.
UPST - promoted from Scout Team
C) Scout Team
All the Best,