By Greg Bordelon
Published on December 15, 2024 at 7:00 PM
For the week ended 12/13, the model portfolio was down 70 basis points on gross market value (GMV). Year to date, the book is +19.1% on GMV. Source: Bloomberg, Sankey Research The week was over the moment the bell rung Monday morning. China stimulus news rallied our shorts and hit our longs hard enough that we could not recover over the remainder of the week. A couple of off-cycle earnings releases were non-events, as were …
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By Greg Bordelon
Published on December 15, 2024 at 6:00 PM
Summary Hat tip to those traders positioned for the unwind – because we were not China stimulus this time: little energy demand impact for new ghost cities LNG Wave 2 comes in with a whimper, by design More fossil-fueled AI/DC news (META & XOM) Performance For the week ended 12/13, the model portfolio was down 70 basis points on gross market value (GMV). Year to date, the book is +19.1% on GMV. Source: Bloomberg, Sankey …
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By Greg Bordelon
Published on December 8, 2024 at 7:00 PM
For the week ended 12/6, the model portfolio was up 102 basis points on gross market value (GMV). Year to date, the book is +19.9% on GMV. Source: Bloomberg, Sankey Research We dug ourselves a little hole to start the week with notable losses in the energy-adjacent book. After an uneventful Tuesday, the fireworks returned on Wednesday as favorable macro news drove a strong upside day in our power longs as oil and gas went …
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