Tactical Update: August 25, 2022 (PREMIUM-UNLOCKED)

by Dana Lyons
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The following post was initially issued to TLS members on August 25:

Tweaking our game-plan in short order.

Risk assets have stabilized in the near-term after a hefty drop. We are looking for a resumption of the down-move, however — at least in the near-term. Therefore, we have added a bit more short exposure in a few areas:

  • We added more exposure to our hedge (short) position in the inverse Russell 2000 fund, TZA, near ~29.89 (now about ~10% short exposure there)
  • We added a starter hedge (short) position in the inverse bitcoin fund, BITI, near ~35.99 (about ~0.5% short exposure…will add more into a bitcoin bounce over 22K)
  • *UPDATE: We added more exposure to our hedge (short) position in the inverse Nasdaq 100 fund, SQQQ, near ~37.99 (now about ~7.5% short exposure there)*

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.

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