QB500 did a decent job making fewer picks July, so exposure stayed lighter even if you were running it.
Leopold blowing up on levered tech explains the massive dislocations in the Sector. Still like the Tech models though. Kept position sizing tight the past few weeks and actually booked some gains through it.
Going forward still running QB500 + Tech. Might start layering in a few other models now that this crazy volatility might be settling.
Position Size: \~1% per lot
Stop Loss: 3-5% (trailing)
Profit Take:
* Lot 1: model target (\~2-3%), or close on target date
* Lot 2: \~5-7%, or close on target date
* Lot 3 (optional): hold til target date (3-5 days)
Image 1: QB500 picks today
Image 2: QB500 port chart (120d)
Image 3: Tech Long picks today
Image 4: Tech Long with CONFLICT on - anything that also showed up in my short models got pulled off. Unique longs & shorts only.