By Greg Bordelon
Published on September 8, 2024 at 7:00 PM
In the holiday-shortened week with no changes to the book, the portfolio was up 25 bps on gross market value (GMV). Year to date, the model portfolio is up 956 bps. Two small positive days on Wednesday and Thursday were bookended on both sides by flat days on Tuesday and Friday. CASY’s blockbuster earnings led the pack and offset losses in some of our AI/power thematic longs. Source: Bloomberg, Sankey Research Regards, Greg Bordelon
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By Greg Bordelon
Published on September 8, 2024 at 6:00 PM
Summary Good performance in a brief week, thanks to our gas stations OPEC painting itself into a corner Big insiders: one buying unexpectedly, and one unexpectedly not buying More on natural gas Let it ride – no changes to portfolio Watch next week: weather, bounces, reversions, and cowbells Performance In the holiday-shortened week with no changes to the book, the portfolio was up 25 bps on gross market value (GMV). Year to date, the model …
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By Greg Bordelon
Published on September 1, 2024 at 7:00 PM
The model portfolio was up 33 bps on gross market value (GMV) for the week ended 8/30/24. Year to date, the portfolio is +931 basis points on GMV. An uneventful Monday was followed by strong P&L performance Tuesday as the sector traded down. A short squeeze Wednesday and Thursday brought the book back to flat on the week, with a big P&L bounce on Friday’s sector selloff taking the book up on the week. Source: …
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