Charles Nenner Strategy NASDAQ / GOLD / CRUDE / NAT GAS / BITCOIN Performance December 2023

Total Return Strategy

Long and Short Positions taken on Futures Markets, usually front month.

Positions are taken immediately upon BUY and SELL signals, given on the Charles Nenner Research Center Newsletter Updates

Yearly Performance 2023

  Market CN 2023
Nasdaq 48.09% 91.67%
Gold 13.45% 41.54%
Crude -10.73% 93.37%
NatGas -43.82% 209.76%
BTCUSD 155.68% 179.78%*

Monthly Performance December 2023

  C.Nenner  Market CN YTD
Nasdaq 5.55% 5.17% 91.67%
Gold 2.44% 0.71% 41.54%
Crude 1.46% -4.96% 93.37%
NatGas 19.84% -10.28% 209.76%
BTCUSD 19.88% 12.03% 179.78%*

Nasdaq

Nasdaq –We closed our long position carried from October with a profit of 16.14%, of which 5.55% represents the return from the month of December. The Nasdaq Futures returned 5.17%, in line with our monthly return. We close 2023 with a return of 91.67% for Nasdaq futures, against a 48.09% for the market.

 

NASDAQ Record of Positions in December

DATE DIRECTION ENTRY EXIT P/L P/L%
Oct-31 LONG 14410      
Jan-03 CLOSE   16736 2326 16.14%
        P/L December 5.55

 

Gold

Gold – Our long position carried from November returned 2.83%, from which 2.2% was gained in December, rounding our final return for December in 2.44%. Gold had a 0.71% return on the same period. In 2023, our strategy for gold returned 41.54%, against a 13.45% return of the metal.

 

GOLD Record of Positions in December

DATE DIRECTION ENTRY EXIT P/L P/L%
Nov-14 LONG 1951      
Nov-21 CLOSE 1/2   2000 49 1.26%
Dec-06 CLOSE 2/2   2037 86 4.41%
Dec-06 SHORT 2037      
Dec-15 CLOSE   2051 -14 -0.69%
Dec-15 LONG 2051      
Dec-29 CLOSE   2070 19 0.93%
Dec-29 SHORT 2070     OPEN
        P/L December 2.44%

 

 

Crude

Crude – We finish December with a 1.46% return on Crude, after a long position that went against us. Since the cycles were down, we did not take the other long signals given in December, judging it was too risky, and end the month with an open short position. Crude finished December with a negative return of -4.69%. For the year 2023, our strategy returned 93.37% in Crude, while the market had a return of -10.73% .

 

CRUDE Record of Positions in December

DATE DIRECTION ENTRY EXIT P/L P/L%
Dec-04 SHORT 74.5      
Dec-06 CLOSE 1/2   71 3.5 4.70%
Dec-11 CLOSE 2/2   71 3.5 4.70%
        FINAL P/L 4.70%
Dec-11 LONG 71      
Dec-13 CLOSE   68.7 -2.3 -3.24%
Dec-29 SHORT 72.6     OPEN
        P/L December 1.46%

 

Natural Gas

Natural Gas - December brought us a 19.84% return on NatGas, after our short position initiated in November was closed, and a half long position was liquidated mid-month. We are finishing December with a 19.84% return against a -10.28% move on the market. Our strategy has a positive return for the year of 209.76%, against a negative 43.82% yearly result on NatGas.

 

NAT GAS -  Record of Positions in December

DATE DIRECTION ENTRY EXIT P/L P/L%
Nov-29 SHORT 2.79      
Dec-12 CLOSE   2.27 0.52% 18.64%
Dec-14 LONG 2.35     OPEN 1/2
Dec-15 CLOSE 1/2   2.4   1.20%
        P/L December 19.84%

 

Bitcoin

Bitcoin BTC/USD – After taking profit on our long position carried from October we remained neutral, until a short signal was give on month end.  We finish December with a return of 19.88%, (which represents one half of the position carried from October minus the loss on the short position), against a 12.03% move for the cryptocurrency. The final result on 2023 was 179.78%, above the 155.68% yearly return for Bitcoin.

 

BITCOIN -  Record of Positions in December

ENTRY DIRECTION ENTRY EXIT P/L P/L%
Oct-16 LONG 27926      
Oct-25 CLOSE 1/2   34214 6288 22.52%
Dec-12 CLOSE 2/2   41232 13306 47.65%
        FINAL P/L 35.08%
Dec-27 SHORT 42511      
Jan-02 CLOSE   44187 -1676 -3.94%
        P/L December 19.88%

 

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