Tactical Update: November 4, 2024 (PREMIUM-UNLOCKED)

The following Premium post was originally issued to TLS members on November 4, 2024.

Pre-election tweaks…

Components in our Risk Model have weakened a bit the past few weeks. However, we are due to see seasonality turn positive, pre-election uncertainty clear up and bearish sentiment is elevated in the near-term. Thus, we are still adding some exposure as we get pullbacks to support levels in good names:

• We added to our position in the uranium fund, URA, near ~29.49 (about ~2% exposure now)
• We added to our position in the cybersecurity fund, CIBR, near ~59.89 (about ~3% exposure now)
• We added to our position in the bitcoin fund, BITO, near ~18.39 (about ~1% exposure now)
• *UPDATE: We added to our position in the junior silver miners fund, SILJ, near ~13.49 (about ~2% exposure now)*

That’s all for now. Check back on this post throughout the day for further portfolio moves. And as always, stay tuned to our DSS posts for further developments — they provide the most current updates to our investment portfolio and outlook.

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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. Commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.