Weekly Market Update #5
4 min read

Weekly Market Update #5

Weekly Market Update #5

The Weekly Market Update's goal is to give you some insights on the stock market, some visibility on my portfolio, and my decision-making process.

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Graph of the week

Graph of IAU vs GLD as a function of time
Comparisong of the performance of two gold ETFs: GLD and IAU

As you know, I believe Gold is a great asset to have in its portfolio. Last week I discovered iShares Gold Trust (IAU), which is another Gold ETF.

IAU has smaller fees than SPDR Gold Trust (GLD). The chart shows it performs a little bit better than GLD.

GLD vs. IAU: Head-To-Head ETF Comparison
Check out the side-by-side comparison table of GLD vs. IAU. It compares fees, performance, dividend yield, holdings, technical indicators, and many other metrics that help make better ETF investing decisions.

I decided to diversify and invest in both ETFs.

Markets & portfolio update

Table of weekly and monthly returns of different assets
Past performance and financial indicators (MACD, RSI) of different markets and indexes

Another green week. Everything is going up.

MACD is optimistic; however, RSI indicates that some assets (BTC and CQQQ) are over-bought. It is not a surprise as they are both the best-performing assets I track:

Graph comparing the growth of different assets since the beginning of the year
How much money you would have over time if you invested $10k in each asset on January 4th 2021

Despite the RSI sell signal, I won't reduce my positions in BTC and CQQQ. They drive my portfolio's performance, which is still over-performing the market (by a lot):

Graph comparing my portfolio versus other famous portfolios
Comparing the growth of my portfolio (green) in January

Actually, I will increase my position in CQQQ. So far, it represents about 12% of my portfolio, I plan to invest as much as 20% in it.

Bitcoin is now a large portion of my portfolio (almost 12%), and I don't plan to sell anything before $100k. I am very bullish on bitcoin (and other cryptocurrencies) for 2021.

I also opened many (small) positions last week:

Table listing my new positions
Positions I opened last week
  • 6185, GLUU, TMV.DE, 02688.HK, HTBX, AYTU are opportunistic trades. I added a 20% trailing stop-loss to limit my risk.
  • Altcoins' bullrun seems to have started, they are are expected to catch-up with Bitcoin growth. I decided to catch the wave by investing in ADA, XLM, TRX, NEO, ETH. As you can see everything has been profitable already. (I also added a stop-losss on these risky trades).
  • I invested in Silver (following the buy signal from last week)
  • I increased my position in QQQ and INDA.

I closed a few positions:

Table listing my last closed positions
Positions I closed last week

Oil is performing very well, I sold a small chunk of my position. I will continue to do so in the future. Most of the profit that could be made on Oil already realized.

I don't believe in the potential of WELL anymore (real estate ETF), so I sold the position.

One-to-one (zoom) meeting

You want to discuss about your investment strategy and have my feedback? You want to invest but you don't know where to start? Reply to this email and we'll setup a 30min call.

What I am reading

Best Story Wins
A truth that applies to many fields, which can frustrate some as much as it energizes others, is that the person who tells the most compelling story wins. Not who has the best idea, or the right answer. Just whoever tells a story that catches people’s attention and gets them to nod their heads. C. R…
The Investment Strategy That Makes Your Life Easier
After peaking in the fall of 2007 with the onset of the Great Financial Crisis, the U.S. stock market didn’t hit new all-time highs again until the spring of 2013.At this point, the S&P 500 wa
M1 Chart: the stock market adjusted for the US-dollar money supply
TL:DR I made a site called M1chart.com [https://m1chart.com] to see if stockmarkets actually grew when you discount for inflation by the Fed printing recordamounts of money from thin air. This week I kept looking at the M1 money supply chart on the Fed’s website[https://fred.stlouisfed.org/series/M1…

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