Portfolio Update dialing back SQQQ

Hey everyone. Quick update here.

I think we’re at the start of a pullback in QQQ but instead of doubling down, I’m locking in some profits.

I said in my last update I was 70% SQQQ and 30% TLT. This is working in my favor so far and my goal is to get less exposed to SQQQ because 70% is a huge position.

I’m moving to 50% SQQQ 50% TLT.

My thesis and reasoning from my last 2 emails remains the same so check those out on investor.beehiiv.com 

My goal here is to protect my portfolio from what It think is a rough 30 - 60 day stretch, then reinvest that money into my highest confidence companies to begin building long-term positions at better prices.

It could backfire but it’s working out okay so far.