Mosaic Traders Hub: Trade Alert
Grab partial 32% gains on Bitcoin; adding a new cyclical position.
Hello Traders,
I have a couple of actions to take in our model portfolio today.
First, let’s take advantage of Bitcoin’s breakout and run to record highs by selling half our position in the Bitwise Bitcoin ETF (BITB). We’ll record about a 32% gain in 26 days since we added the position.
We’ll keep holding a partial position in BITB, and will utilize the trailing stop methodology outlined in the Traders Hub model portfolio.
Next, we have a new addition to the ETF Investment Portfolio. It’s another cyclical sector breaking out, which is a great sign for the economic outlook.
We’ve already added positions in sectors like banks, energy, and small-cap stocks to take advantage of recent strength in cyclicals.
And there’s another sector that looks like it wants to join the party.
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