Model Portfolio Update: Risk-Adjusted Hope

By Greg Bordelon Published on July 28, 2024 at 6:01 PM

Summary Enduring degrossing Company commentary reinforces relative subsector preferences Perennial out-year nat gas bullishness gets several supportive data points Tiptoeing back into favorite narratives Transcript gems: VLO tempts fate, DAR challenges PSX, FTI keeps expats at home Performance The model portfolio was down 51 bps for the week ended July 26 as the book got clipped on Wednesday and Thursday in the follow-on Momentum selling across the market. Performance year-to-date is +707 basis points on …

Model Portfolio Summary: 7/21/24

By Greg Bordelon Published on July 21, 2024 at 7:00 PM

The model portfolio was up 70 bps for the week ended July 19 as two good days were enough to overcome the loss of one rather bad day. Performance year-to-date is +776 basis points on (gross market value) GMV. Source: Bloomberg, Sankey Research Regards, Greg Bordelon

Model Portfolio Update: Weeks When Days Happen

By Greg Bordelon Published on July 21, 2024 at 6:00 PM

Summary What exactly is the Trump trade ConocoPhillips and the Quest of the Sisyphean Re-rate Nat gas vs refining: building a wall of worry Testing thematic theses with management Performance The model portfolio was up 70 bps for the week ended July 19 as two good days were enough to overcome the loss of one rather bad day. Performance year-to-date is +776 basis points on (gross market value) GMV. Source: Bloomberg, Sankey Research There was …