25 October 2016: Our 100th blog post

100Today, it is our 100th blog post. In our first post, we observed that the markets were stuck between a bull and a bear, and basically taken hostage by the Fed. Not much has changed since then, although the influence of the upcoming US Presidential elections can be felt today.
At the time of our first post, we were enjoying a Mediterranean summer in the low countries. Today, the autumn is in full effect, as reported on in the final part of today’s blog post below.
At the time of our first blog post, White Chapel stood at a return of 155% (set against the start of our live trading period on 1 January 2016).  It went up to a return of almost 400% in the course of 100 blog posts and went back down to 200%.  In the end, a return of +18% remains if we compare the value of our portfolio at the time of our first blog post with its value today. A return that gives rise to a modest celebration… These Dutch Guys are looking forward to the next 100 blog posts!

white-chapel-logo-smallOptimism about corporate earnings gave many stocks a boost yesterday. All major US indices made substantial gains, varying from 0.4% for the Dow to 1.0% for the NASDAQ. Volatility eased: the VIX lost 2.4% and our UVXY ETFs took a blow to the chin losing more than 7%. Return for the year dropped to just above 200%. Return for the quarter turned red: -1.6%.
White Chapel did not give a trading signal at the end of yesterday’s session. It is expecting easing stock prices and more volatility after recent gains in the markets.

Accumulated capital at close of previous trading day

Return since start

Return this year

Return this quarter

$30,133

+201.33%

+201.33%

-1.6%

Our initial capital was $10,000 at 1 January 2016. Our average Annual Return is 293%.

ta_v05-small-invAutumn has finally arrived in the Netherlands. After a very long summer, which kept extending itself as far as the mid of October, the weather has turned colder and especially wetter. Although many people have a hard time to adjust to this new reality, mushrooms truly love these circumstances. It makes a walk in the woods so much more enjoyable. In the Netherlands, there is a saying which describes a state in which something is overwhelming: “Als paddestoelen uit de grond schieten”. A literal translation would go like this: “To emerge from the soil explosively like mushrooms”. These days, mushrooms live up to that saying…

paddestoelen-galgeven