Capital Commentary, 5/11/2024

In the fast-paced world of trading, The Numbers made some strategic moves in its portfolio during the last 1 week. Let’s break down the actions and outcomes:

1. Shorted International Business Machines Corporation (IBM): The decision to short IBM proved to be a stroke of genius, with a significant return of 2.94%. This move likely capitalized on market trends or specific company performance indicators that pointed to a downward trajectory for IBM. The Numbers’ foresight paid off handsomely here.

2. Went long on Coca-Cola Company: The long position taken on Coca-Cola resulted in a steady return of 1.73%. This could suggest a bullish outlook on the beverage giant, with confidence in its resilience and potential growth. It’s always refreshing to see a well-founded long position play out successfully.

3. Shorted Mastercard: The short position on Mastercard yielded a respectable return of 1.13%. This move might have been influenced by factors such as market conditions, company news, or technical analysis signaling a downward trend for the payment giant. The Numbers’ calculated risk certainly paid off in this case.

4. Shorted Intel Corporation: Unfortunately, the short position on Intel led to a loss of 3.52%. Market volatility or unexpected company developments may have played a role in this outcome. It’s a reminder that even well-researched decisions don’t always go as planned in the unpredictable world of trading.

Overall, The Numbers managed to secure a total gain of 0.59% across these trades. While this performance was slightly below the S&P500’s return of 0.83% for the same period, it’s essential to remember that trading involves risks and rewards. The success rate of 75% speaks volumes about The Numbers’ ability to make strategic moves that pay off more often than not. As the market continues to ebb and flow, it will be intriguing to see what future trades and outcomes await in The Numbers’ dynamic portfolio.

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