205\/200 SPY \u00a0& 123\/118 TLT<\/p>\n
204\/199 SPY & 123\/118 TLT<\/p>\n
203\/198 SPY & 124\/119 TLT<\/p>\n
202\/197 SPY & 125\/120 TLT<\/p>\n
201\/196 SPY & 125\/120 TLT<\/p>\n
199\/194 SPY & 126\/121 TLT<\/p>\n
Additional Hedge<\/p>\n
TLT 127\/121 (10% of portfolio)<\/p>\n
SPY 199\/197 Jan 30th Debit Spread (20% of portfolio)<\/p>\n
Momentum<\/strong><\/p>\n 50% TLT and 50% VNQ<\/p>\n Volatility Trading<\/strong><\/p>\n NFLX Calendar spreads<\/p>\n GOOG Calendar\u00a0spreads<\/p>\n Normal Protector Portfolio<\/strong><\/p>\n Short weekly SPY Puts (instead of RSP) + Hedge<\/p>\n Alpha Protector Portfolio<\/strong><\/p>\n **Secret sauce** \ud83d\ude42 \u00a0I use about 3-4 different things to obtain additional alpha. I don’t list them here. They’re my only secret sauce. They’re a mix of momentum picks, mechanical investing and quantitative analysis. They’ve got the same market risk in a bear or correction so our insurance will protect them.<\/p>\n Market Commentary\/Summary<\/strong><\/p>\n So the volatility continued into Tuesday. The spy fell to ~199.2 from 203 and rebounded to 201 intraday only to close at ~200. Our spy TLT trade and protector portfolio is suffering a bit and I added a hedge of about 20% jan 30 debit spread and an additional bit of TLT. Overall though it’s doing well considering the huge 5 percent movement in the markets since NYE. Our momentum plays have been a godsend hedge to our protector portfolios. The entire combination of strategies has proved to be handling the decline well. It’s a bit unfortunate we had a 5 percent decline the exact day we started but hey it was a nice test and I think we’re even despite. The momentum portion is up a lot and is responsible for the result. I missed entry on one portion of the momentum picks for the month but successfully added two of three ie TLT and VNQ (I missed LQD on New Years) And those have compensated for the temporary loss on the protector and spy TLT pair portion. It is likely that we will bounce here and then see another let down probably to 197. The downward momentum is strong. However, it is also possible we have another v recovery like has been the theme as of late. Today the futures point to a bounce. They are up about 12 points on the es.<\/p>\n We are in Barcelona today. I’ve spent about 20 days here over all in my life and can safely say it would be the city I’d vote as my favorite place to spend time. IE I could live here more than any other city in Europe.<\/p>\n![\"IMG_1571.JPG\"](\"https:\/\/i0.wp.com\/www.travelsandtrades.com\/wp-content\/uploads\/2015\/01\/IMG_1571.jpg\")
<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n