Finally a correction starts in the market. Mi50 closed at +43.13% absolute vs 47.77% last Friday. Nifty and S&P500 gains for the year to date are 9% and 12.7% respectively. We are comfortable from a relative point of view.
Draw down at end of week was -6.88%, the worst since we started.
The stocks that exited this week and the respective gains/losses are :
The new addition was
The portfolio has 42 stocks and rest of the the funds are in Liquid Bees.
The sector distribution now looks like this:
The win-loss ratio for all trades:
And for the exited trades:
The D day is only 3 days away. Next Friday either we will be all smiles or ready for a deep hibernation.
Have a great weekend.