Mission Accomplished

Investors,

Semiconductor stocks ($SMH) just had their highest weekly close ever.

I can’t help but chuckle at this, particularly because I know how much it upsets a certain cohort of pessimistic investors who continue to navigate this market incorrectly.

And listen, I’m not espousing the idea that investors should liquidate all other positions in order to go “all in” on semiconductors… on the contrary, I’ve personally been reducing my exposure to select semiconductor exposure in this environment.

I’m looking at the market and I’m saying “thanks for the huge profits!”

Isn’t the whole point of this game to sell assets higher than where we bought them?

Mission accomplished.

This success speaks to the importance of simplicity.

It speaks to the importance of trend following.

And it speaks to the importance of knowing the market environment we’re in.

Thankfully, this is exactly what I review every single week with Cubic Analytics in order to give myself, and the thousands of global investors, the best chance to win.

We aren’t here to pontificate on macro.

We aren’t here to be armchair economists.

We aren’t here to criticize or complain about what is vs. what should be.

We are here to make (and keep) as much money as possible in the market.

In order to do that consistently and sustainably over time, we need a process.

And I think mine is pretty damn good.

So let’s talk about what I’m seeing…