APRIL 23 2023 UPDATE

Sideways market continues. Adding one healthcare name to my 10X Small Cap momentum potrfolio.

Important: this is not investment advice. Consult a licensed financial advisor before making any investment decision.

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Very Quick update this week.

The SP500 was flat for the week. Although cyclicals like Technology and Consumer Discretionary still look OK, last week defensive sectors like Consumer Staples and Utilities performed the best.

Still a sideways market with mixed economic data. We are entering the Earnings season and better-than-expected earnings and guidance may help the market to stay afloat or move higher.

On the other hand… worst than expected earnings and poor guidance may tank the market.

PORTFOLIOS (POTS)

On the 10X LARGE CAP MOMENTUM POT I was stopped out on GFS 0.00%↑ Below is how the portfolio looks like today:

Portfolio summary:

Now, I have 2 open positions and one closed position. My cash position sits at 57%. I am not doing anything on this POT this week.

On 10X SMALL CAP MOMENTUM POT I am adding a new name.