Week of June 22

End of the quarter, time to get your ducks in a row

Recap of last week

We had an extraordinary week last week.

We caught a major swing low in the first week of June. When all the chips were down, we were right in a big way. Now we are watching the money pile up. Be right and sit tight as they say. Sure you can make 10-20 trades a week, eke out small gains. Or you can size up with conviction at major turning points, make alot more money and work alot less hard. I prefer the latter.

QQQ is up 4.4% from our entry. EWY is up a whopping 23.8% from our entry. And we hit it with major size. SPX is up 9.4% YTD. Look what we made in 2 weeks with the right timing and conviction.

The green arrow is where we bought, and with 30% weighting in the portfolio. Enough said.

We also are still swinging some calls from a couple weeks ago and those are up about 20%.

We had no losing trades.

Its officially the end of the quarter in the next week or so. How to navigate the indiscriminate rebalancing flows.

Next move for markets