Update August 9th 2020 – We sold 1 to 2 % of all our positions. Because the traffic light changed to 30% Cash (and thus 70% stock). Our stock value went up about 5% this week. Bringing the total to 23,5%. So we decreased al of our positions (about $70,000.00) because there is more fear in the markets, our traffic light has changed from 74% stock to 70% stock (and therefore cash changed from 26% to 30%). Stock markets are preparing for a second wave of corona infections and this way we can protect our assets.
-Update August 2nd 2020 – We sold 50% of our least profitable position. Argenx (ARGX.BR) was at -4.5% in our ETF. We had to do that because the traffic light changed to 26% Cash but our stock value went up about 6% this week. So we decreased some of our worst position (about $50,000.00). And because there is more fear in the markets, our traffic light has changed from 70% stock to 74% stock (and therefore cash changed from 30% to 26%). Stock markets are preparingfor a second wave of corona infections and this way we can benefit from it. We think it might be a good time to buy now. The change is still small because we want to keep some cash in hand for when most shares will go down even more.
- Update July 24th 2020: There is a bit more unpredictability now that the results for Q2 and also the past six months will be published. These changes can be seen in all the major indexes but also the GCC Index has gone down and especially in the Vix (fear index). All these figures combined are our traffic light (as you can see on its own page on this website).
- Update July 16th 2020: It is expected that the vast majority of companies performed considerably worse than in the first six months of 2019. Also we have some new corona virus trouble lurking around the corner. So the general consensus is negative. But of course there are always positive exceptions such as Zoom video and Hellofresh. Unfortunatly one swallow does not make a summer.
We have devised our traffic light to exclude all emotion. And we act on the signals that this sends out. These signals results in a little bit higher figure for our traffic light and because of that, we bought some shares from our watchlist. The list of wiseguys on our website. To see the exact effect you can click on this website. through to our web pages: