The Two-Year Stack. 📈
Markets fluctuate. Strategy remains constant.
While the S&P 500 retreated -0.54% this week, our portfolio advanced +1.05%. This decoupling is driven by specific sector rotation, not luck.
The January Driver: ASML ($ASML)
The semiconductor equipment monopoly has been the primary engine of performance this month. As capital rotates back into hard tech infrastructure, the "Pick and Shovel" thesis is proving its durability.
The Metric That Matters: The 2-Year Stack
Weekly noise is irrelevant. I focus on the cumulative stack.
Since Jan 1, 2024, the portfolio has compounded +83.44%.
We are significantly outpacing the benchmark by maintaining concentration in high-quality assets rather than over-diversifying into mediocrity.
Plan for the Week:
Monitor the $PANW consolidation.
Let the winners ($NVDA, $ASML) run.
Do nothing stupid.
$ASML $NVDA $SPX500 $NSDQ100