💼 Inside the Portfolio: Updates from our Swing Trading Desk

04 Feb 2025 - Insights, adjustments, and forecasts about our latest swing trades 💹

Position Updates:

• Guardant Health (GH) position was liquidated at the break-even point on Friday

• Redfin Inc (RDFN) holding was fully divested on Monday, following a 30% position reduction on Friday

• Strategic exits were executed for Block Inc (XYZ), Rocket Lab USA Inc (RKLB), and Celestica Inc (CLS) also on Monday, resulting in minimal drawdown.

New Positions and Subscriber Insights:

Market volatility and significant gap-down openings are inherent risks in equity trading. When the NASDAQ-100 (QQQ) experienced a decline exceeding 2% and breached key technical support levels, we implemented our risk management protocol by converting to cash positions where insufficient profit cushions existed.

In retrospect, while this defensive positioning may appear premature given subsequent market behavior, it aligns with our long-standing investment doctrine prioritizing capital preservation and systematic risk management over short-term gains.

Current market conditions exhibit exceptional volatility metri…