For the week ended 2/7/25, the model portfolio was up 109 basis points on gross market value (GMV). Year to date, the book is +276 basis points on GMV. Source: Bloomberg, Sankey Research Regards, Greg Bordelon
With so much macro noise, veritable banging and crashing, headlines emanating from The White House, it is also notable how much micro, company-specific news, we are getting. Stock price divergence has been high to start the year, for example among the Monopoly 7 (Amazon, Apple, Alphabet, Microsoft, Meta, Tesla, Nvidia). In my memory of the “Monopoly 7”, we have never seen one each of the Mag 7 in each performance quadrant on the x-plot below.
Summary Reflections on winners and losers Pinball market: flippers & drain Fading winter Watching gas stations & activists Performance For the week ended 2/7/25, the model portfolio was up 109 basis points on gross market value (GMV). Year to date, the book is +276 basis points on GMV. Source: Bloomberg, Sankey Research So this is how it is going to be. Tape bombs multiple times per day, often contradictory. Stay nimble and have conviction in