Mechelany Advisors’ MODEL PORTFOLIO has been running in a fully transparent way since January 1st 2014. Its Purpose is to implement the conclusions of our research analytical process in a portfolio managed using institutional liquidity, diversification, risk management and asset allocation processes. In our TRANSACTION UPDATES we keep our reader informed in real time of the transactions in our MODEL PORTFOLIO
Yesterday we reduced our individual positions in the Hong Kong Listed Chinese shares by taking profits and today we are increasing our exposure to China’s domestic market on major index breakouts.
Being disciplined, we added strategic positions in the main CSI300 Index, the CHINEXT index and the FT50 Index as the three indexes are making major breakouts and UBS published a major paper terming 2021 the year of China as we have advocated all along.
We also added TRIP.COM, the Chinese online travel company that should be a major beneficiary of the coming Golden Week where more than 450 million Chinese travel inside China to visit their families.
Finally, and as we have argued many times in the past few weeks, the loss of momentum in the large US technology stocks is a worrying sign and a significant divergence from the new highs achieved in the main indexes.
We expect an important breakdown relatively soon and have decided to re-instate our short position in APPLE Inc today.
Another interposing development today is the break down in TESLA shares, one of our largest short positions in the Model Portfolio.
DISCLAIMER Mechelany Advisors FZ-LLC or www.mechelanyadvisors.com, is not a registered investment advisor, nor a capital management firm or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Mechelany Advisors FZ-LLC operates as a private advisory and research company where we provide consulting services to pension funds, investments funds and private clients. Our analyses and conclusions are ours and they only clarify and highlight the investment rationale behind our own investment decisions. The analysts and employees or affiliates of Company may - and usually do - hold positions in the stocks or industries discussed here. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. You understand and acknowledge that there is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns. The indicators, strategies, columns, articles and all other features of Company’s products are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company’s website are for educational purposes only. Such examples are not solicitations of any order to buy or sell securities, commodities, investment products or engage into any kind of trading activities. Accordingly, you should not rely solely on the Information provided in making any investment decision. Rather, you should use the Information provided only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. By navigating on our website or remaining on our subscription lists, you accept our terms and conditions and discharge us irrevocably form all responsibility.
