Monthly Report (November, 2020)
November (2020), second month of the last Quarter, 2020 Dear Copier and Followers, the month of November was the month where we collected some of the fruits of the work done during the last two months of consolidation. We closed this month with almost 9% profit for the month which brings the intermediate profit for the fourth quarter of our trading to about 6.2% of profits . The gold and TLT (ETF that trades long term American Bond Treasuries), continued their decline during this month. For this reason we kept slowly increasing our positions on these defensive assets in preparation of a pool back or correction that could happen any time during the next weeks or months. On the other front we aggressively traded strong growth stocks such as Tesla, Ba (which might be close to its consolidation phase completion), financials such as JPM, etc. Figure 1 shows the structure of our Portfolio at the beginning of Dec. Figure 1: Portfolio end of October The ETFs occupy still the largest por