Chasing Alpha

Follow along on my wealth building journey and my semi-active trading strategy attempting to outperform the S&P 500 (NOT FINANCIAL ADVICE)

[Chasing Alpha @ChasingAlpha_]

About ChasingAlpha(A THREAD)

Most importantly, it needs to be understood that anything shared on this account is NOT financial advice and that all investments can result in losses. Investment returns are NEVER a guarantee.

[Chasing Alpha @ChasingAlpha_]

Another week of board consolidation, as uncertainty begins to increase regarding a deal in the Middle East. Nothing super exciting to report on from this past week. Tech underperforms relative to $SPY this week.

[Chasing Alpha @ChasingAlpha_]

Relatively calm week for the market, $SPY climbed about 0.7% on the week. Iran deal still yet to be signed, as tensions begin to escalate again. Personally see more downside than upside at this point, but we remain invested and ready to pivot to a more aggressive allocation.

[Chasing Alpha @ChasingAlpha_]

Indexes close the week lower, as it is assumed Warsh will have to hike rates during 2026. News that the U.S. military is striking targets in Iran currently is something to watch going into next week, as that likely signals no deal in the near-term and Hormuz back to being closed.

[Chasing Alpha @ChasingAlpha_]

Well, that was fast. Crazy day to finish the week with $QQQ down ~5.3% in after hours and $SPY down ~3%.

Close to an area where I will begin to take on some leveraged position via $TQQQ in my taxable account before scaling into leverage in the Roth.

This pullback is healthy!

[Chasing Alpha @ChasingAlpha_]

Slowly climbed higher this week. Not a whole lot of interesting news other than SpaceX likely going public at why I think is an extremely overpriced valuation.

[Chasing Alpha @ChasingAlpha_]

Steady week this week, finishing on a high note as Kevin Warsh was inaugurated today. Oil remains over $100 a barrel and the Fed seems trapped from cutting/raising rates as of current. Still bearish in the upcoming months but remain long and fully invested.

[Chasing Alpha @ChasingAlpha_]

Tougher day today in the market. Oil remains high, Warsh is now the Fed chair and we are overextended after an extremely bullish run. Won’t be surprised if we see bearish price action continue for a period of time, as the market historically likes to test the new Fed chair.

[Chasing Alpha @ChasingAlpha_]

Another very strong week for $SPY and the aggressive rally continues. Between this unprecedented upward move and a new FED chair on the horizon, I’d be shocked if we don’t see a 5-10% pullback in the next 6 months. Roth continuing to outperform the S&P YTD by ~6.5%

[Chasing Alpha @ChasingAlpha_]

Despite oil prices hovering in the $100-$110 range still and the Iran conflict seemingly with no end on the horizon, markets continue to climb higher. Outperforming the S&P by ~4% YTD and believe I’ll get another opportunity this calendar year to add leverage strategically.

[Chasing Alpha @ChasingAlpha_]

Another consecutive green week as markets continue their 4 week rally. Honestly unbelievable, and puzzling at that. Oil is still trading above $90 and real prices sit ~$140 a barrel. Global economic pain shouldn’t be a surprise in the next 3-6 months. Pullback coming soon?

[Chasing Alpha @ChasingAlpha_]

Another massive week for the market as positive sentiment around the potential resolution of the conflict in Iran drives indexes higher. Roth saw continued outperformance this week, both continuing to beat $QQQ and $SPY on a YTD basis.

[Chasing Alpha @ChasingAlpha_]

Sold my leveraged positions at the open Wednesday for a 23% gain over 2 weeks. Small position, but became additive to the Roth quickly. Outperforming the S&P by ~1.3% YTD. Exited earlier than normal due to uncertainty with long-term economic ramifications from oil being high.

[Chasing Alpha @ChasingAlpha_]

Quick, basically, Q1 update. Currently, outperforming $SPX by a little over 0.3%. Half of my leveraged repositioning occurred in my taxable account as I harvested some losses. Whichever way the market goes from here, I will be able to capitalize on in the long-term.

[Chasing Alpha @ChasingAlpha_]

Repositioning during the week provided positive performance as talks of the Strait of Hormuz opening and the war in Iran winding down began to surface. Still plenty of capital to continue to buying lower prices if we continue lower. Happy with the positioning thus far.

[Chasing Alpha @ChasingAlpha_]

Tough week for markets, especially today, but volatility can create opportunity for those who are opportunistic. Currently holding $2,500 in leverage across individual and Roth accounts. Planning to add ~$1,200 more in the Roth if $SPY and $QQQ drop another ~1.5%.

[Chasing Alpha @ChasingAlpha_]

Market had another tough week due to the ongoing conflict in Iran. Was able to enter my first tranche of leverage as my price targets were finally reached. Bought predominantly in my individual, but some in the Roth. Trades were:

$875 $QQQM ➡️ $875 $TQQQ
$460 $VOO ➡️ $460 $UPRO

[Chasing Alpha @ChasingAlpha_]

Market had a rough week this week. Inched into new positioning tranche for my S&P position, with full tranches being traded slightly lower than where we closed today.

Again, my thought is we at least go a bit lower before we can have any proper recovery.

[Chasing Alpha @ChasingAlpha_]

Conflict in the Middle East further causing nasty price action. Keep a close eye on oil as if the steep price increase sticks around for a prolonged period, we could see some nasty economic repercussions.

I expect 1-2% further decline minimum before any potential “recovery”.

[Chasing Alpha @ChasingAlpha_]

Another week where the market was conflicted with itself. Large positive and negative price action intraweek, PPI coming in above expectations causing Friday’s downward move.

Moving forward, my best guess is a pullback of some kind in the near future. Be it small, seems likely.

[Chasing Alpha @ChasingAlpha_]

The market continued consolidating this past week. However, the Supreme Court striking Trump’s tariffs brought some positive performance today to end the week off green.

Continuing to expect volatility as Trump likely will find a way to respond to this outcome in coming days.