Market Correction continues.

August 13th 2023 Update

Sper quick update.

Last week was a very tough one especially for technology and growth stocks.

We need to see the 10year treasury bill rate to normalize. It is not happening yet.

We are still in a normal correction of what looks like a new bull market.

I am doing nothing this upcoming week. I will just observe.

The RSP 0.00%↑ (SP500 Equal Weight) is getting back into the box (see above).

In my momentum portfolios I was topped out from some positions:

• 10X LARGE CAP MOEMNTUM POT: Sold TWLO 0.00%↑ which is a pity as I believe the stock has good potential.

• 10X SMALL CAP MOMENTUM POT: Stopped out from FTCI 0.00%↑ , QSI 0.00%↑ and CREX 0.00%↑ Also, I am re-adjusting my stop loss for GENI 0.00%↑ to $5.49

That’s all for the week.

I am brief as I am travelling.

Have a great week ahead.

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