Algorithmic Week In Review: 11/13/2022

Recent Performance - Friday

1. The Market: +0.74%

2. Sector Neutral: -0.07%

3. Long Term Portfolio: -0.13%

4. Variable Sector Neutral: -0.23%

5. Base Algorithm: -0.25%

6. Variable Market Neutral: -0.71%

7. Market Neutral: -1.08%

Friday was tough for us, once again on all fronts - with only SN beating its baseline. The market is riding upwards after a good CPI report, which has shaken up our strategy. With technicals switching directions, our algos have underperformed. With defensive stocks underperforming, our long term portfolio has followed suit.

Future performance is always difficult to predict, but the following is my outlook. I’m feeling a red market tomorrow, which should bode well for our portfolio, but technicals are tougher to call. I’d bet harder on the algo than I would have on Friday, but I’d still give tomorrow below-average certainty from my end. I’ll be recommending that we hold the LTP on the pilot account.

On the plus side, we’ve got the HK Market Game connected to the variable hedgers. From now on, the variable hedgers will reflect not only the opinions of the HK staff, but yours as well.

That’s all for tonight. Thank you for reading, best of luck trading tomorrow.

-Asher