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

Investment 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.

Monthly Performance July 2023

	C. Nenner	Market	CN YTD
Nasdaq	15.64%	3.39%	69.91%
Gold	0.20%	2.13%	26.48%
Crude	18.54%	14,54%	76.69%
Nat Gas	18.04%	-2.12%	98,40%
BTCUSD	-1.02%	-4.06%	121.11%

NASDAQ Record of Positions in July

DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
May-04	LONG	13064
Jun-26	CLOSE 1/2		15057	1993	7.63%
Jul-03	LONG 1/2	15364
	Average	14214
Jul-21	CLOSE		15590	1376	9.68%
				Total P/L	17.31%
Jul-21	SHORT	15590
Jul-31	CLOSE		15850	-260	-1.67%
Jul-31	LONG	15850			OPEN
				P/L July	15.64%

Nasdaq – We opened a new long position, adding up to the previous long position initiated on May the 4^{th. .}This new averaged position was closed on July 21 with a total profit of 17.31%. We took a small loss on a short position late in the month, and finished July with a total profit of 15.64%, adding up to a 69.91% return for the Nasdaq year-to-date.

GOLD Record of Positions in July

DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jul-03	LONG	1927
Jul-07	CLOSE		1932.5	-5.5	-0.29%
Jul-13	LONG	1963.8
Jul-26	CLOSE		1966.3	2.5	0.13%
Jul-26	SHORT	1966.3
Jul-31	CLOSE		1959.2	7.1	0.36%
				P/L July	0.20%

Gold –We had a rather flat month for Gold in July, when we kept taking short-term positions, given the discrepancy between the cycles and the direction of the market. Late in the month, we decided not to take the buy signal given on July 31^st, as subscribers were warned on our update. Our long/short strategy returned 0,20% in July, showing a positive 26.48% year-to-date.

CRUDE Record of Positions in July


DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jun-28	LONG	68.27			OPEN
Aug-01	Current Price		80.93	12.66	18.54%
				Partial P/L	18.54%

Crude – Our long position taken on June 28 is still open and yielding 18.54%, which is our partial return for the month of July for Crude. On an year-to-date basis, our strategy is partially returning 64.78%.

NAT GAS - Record of Positions in July

DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jun-16	LONG	2.552
Jul-07	CLOSE		3.12	0.568	22.26%
Jul-07	SHORT	3.1
Jul-21	CLOSE		3.185	-0.085	-2.74%
Jul-21	LÖNG	3.185
Jul-28	CLOSE		3.138	-0.047	-1.48%
Jul-28	SHORT	3.138			OPEN
				P/L July	18.04%

Natural Gas – Also on NatGas we took several short-term positions, given the discrepancy between the cycle and the direction or the market. We finished the month on a positive return of 18.04% against a -2.12% result for the market. Year-to-date, our strategy in NatGas is returning 46.3%.

BITCOIN - Record of Positions in July

DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jun-26	SHORT	30476
Jul-04	CLOSE		31290	-814	-2.67%
Jul-04	LONG	31290
Jul-14	CLOSE		30707	-583	-1.86%
Jul-14	SHORT	30707
Jul-19	CLOSE		30014	693	2.26%
Jul-24	SHORT	29780
Jul-26	CLOSE		29405	375	1.26%
				P/L July	-1.02%

Bitcoin BTC/USD – Kept within a relatively small trading range in July, and our signals were basically taken in the short-term. At the end of the month we did not take buy signals, since cycles were not supportive. We had a negative monthly return on Bitcoin of -1,02%, against a negative (-4,06%) return of the crypto currency. Year-to-date we are up 120.91%.

Track Record of our long term positions in stocks

Tesla (TSLA)
DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Apr-06	LONG	183.1
Jul-11	CLOSE		268.65	85.55	46.72%
				P/L	46.72%

Intel (INTC)
DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jun-01	LONG	31.8			OPEN
Jun-22	CLOSE 1/2		32.69	0.89	2.80%
Aug-02	Current Price		35.15	3.35	10.53%
				Partial P/L	6.67%

Apple (AAPL)
DATE	DIRECTION	ENTRY	EXIT	P/L	P/L %
Jun-12	LONG	181.27			OPEN
Jul-06	CLOSE 1/2		191.50	10.23	5.64%
Aug-02	Current Price		195.04	13.77	7.60%
				Partial P/L	6.62%

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