By Greg Bordelon
Published on August 18, 2024 at 6:00 PM
Summary Doing nothing works, sometimes Market’s short memory – repeating July setup – already Watching quiet gas curtailments & waiting for announced refining run cuts to show up Sector looking stretched Performance The model portfolio was up 23 bps on gross market value (GMV) for the week ended 8/16/24. Year to date, the portfolio is +890 basis points on GMV. Two strong positive performance days on Tuesday and Wednesday were enough to overcome three down …
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By Greg Bordelon
Published on August 11, 2024 at 6:30 PM
The model portfolio was up 81 bps on gross market value (GMV) for the week ended 8/9/24. Year to date, the portfolio is +867 basis points on GMV. A combination of being right more than wrong on earnings reports, along with a regrossing that favored some of our bigger longs pushed the book to new YTD highs last week. Source: Bloomberg, Sankey Research Regards, Greg Bordelon
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By Greg Bordelon
Published on August 11, 2024 at 6:00 PM
Summary Good performance from the book during another volatile week Quality defensive regrossing Rush for beta giving way to familiar positioning Isaac Newton and thematic trading Several new pairs added after earnings season Performance The book was up 81 bps on gross market value (GMV) for the week ended 8/9/24. Year to date, the portfolio is +867 basis points on GMV. A combination of being right more than wrong on earnings reports, along with a …
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