If I were to characterize the nature of my portfolio currently, it would be like the old saying: “Put all your eggs in one basket and watch that basket.” Well, ok, it’s three baskets. Instead of having dozens of positions based on individual equities, I’ve changed to a very small number of ETFs. I wanted to walk through those with updated charts.
First up is my anchor position, the utilities XLU. It’s doing great. The profit on the options is about 53%, and I think its move is just getting started. This is probably my favorite chart in months, if not years.
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