Tactical Update: November 18, 2025 (PREMIUM-UNLOCKED)
**This Premium Post was originally issued to TLS members on November 18, 2025.**
Run for cover…
Covering a portion of our hedges to open the day:
- We covered (sold) 1/4 of our position in the inverse mid-cap fund, MYY, near ~18.62 (1.5% “short” exposure now)
- We covered (sold) 1/3 of our position in the inverse China fund, YANG, near ~24.10 (1% “short” exposure now)
- We sold 1/3 of our position in the long volatility fund, UVXY, near ~12.30 (1% exposure now)
- *UPDATE: We sold another 1/2 of our position in the long volatility fund, UVXY, near ~12.55 (.5% exposure now)*
- *UPDATE: We covered (sold) 1/4 of our position in the inverse technology fund, TECS, near ~19.80 (1.5% “short” exposure now, with leverage)*
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.