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

  C. Nenner Market CN YTD
Nasdaq 15.25% 5.99% 54.27%
Gold 1.59% -2.66% 26.28%
Crude 6.46% 4,35% 46.24%
Nat Gas 8.08% 23.48% 28,26%
BTCUSD 20.92% 11.94% 121.93%

NASDAQ Record of Positions in June

DATE DIRECTION ENTRY EXIT P/L P/L %
May-04 LONG 13064     OPEN
Jun-26 CLOSE 1/2   15057 1993  
        Partial P/L 15.26%

Nasdaq – Our long position initiated on May the 4th was partially closed on June 26, with a profit of 15.25%. The second half of the position is still open. As of today, July 3, our partial return year to date is 54.27%, against a return from the Nasdaq of 39.15%.

GOLD Record of Positions in June

DATE DIRECTION ENTRY EXIT P/L P/L %
21-Jun SHORT 1948      
26-Jun CLOSE 1/2   1907 41 2.10%
03-Jul CLOSE 2/2   1927 21 1.08%
        FINAL P/L 1.59%
        P/L JUN 1.59%

Gold – Stayed in a trading range most of June, and gave a risky buy signal that we did not take, based on cycles. Later in the month, Gold gave a sell signal and reached our downside price target of 1,907. It closed above our level of 1,922 on Friday, indicating the close of our short position today (July 03). Our long/short strategy returned 1.59% in June, against a negative return of 2.66% for Gold.

CRUDE Record of Positions in June

DATE DIRECTION ENTRY EXIT P/L P/L %
Jun-06 LONG 71.99      
Jun-07 CLOSE   71.56 -0.43 -0.60%
Jun-09 SHORT 70.94      
Jun-13 CLOSE   67.31 3.63 5.12%
Jun-23 SHORT 69.62      
Jun-28 CLOSE   68.27 1.35 1.94%
Jun-28 LONG 68.27     OPEN
        P/L June 6.46%

Crude – futures tested the lows of May, around 66, and gave mixed buy and sell signals, since the cycle was down for the month. We recovered from our negative monthly return in May with a positive 6.46%, against a 4.25% positive return for Crude. Year-to-date, our strategy is returning 46.24%.

NAT GAS - Record of Positions in June

DATE DIRECTION ENTRY EXIT P/L P/L %
May-23 SHORT 2.4      
Jun-06 CLOSE   2.27 0.13 5.42%
Jun-06 LONG 2.27      
Jun-08 CLOSE   2.35 0.08 3.52%
Jun-12 SHORT 2.31      
Jun-14 CLOSE   2.33 -0.02 -0.87%
Jun-16 LONG 2.552     OPEN
        Partial P/L 8.08%

Natural Gas – Following our expectation of a long-term cycle low in NatGas since the beginning of the year, June gave us four signals, two of which on the long side, and a partial realized return 8,08% We still have an open long position entering into July.

BITCOIN - Record of Positions in June

DATE DIRECTION ENTRY EXIT P/L P/L %
May-31 SHORT 27773      
Jun-17 CLOSE   26333 1440 5.18%
Jun-17 LONG 26333      
Jun-26 CLOSE   30476 4143 15.73%
Jun-26 SHORT 30476     OPEN
        Partial P/L 20.92%

Bitcoin BTC/USD – A buy signal given in mid-June returned a 15.73% profit. Our monthly return on Bitcoin is of 20.92% and our return year-to-date on Bitcoin is at 121.93%

Track Record of our long term positions in stocks

Tesla (TSLA)
DATE DIRECTION ENTRY   P/L P/L %
Apr-06 LONG 183.1     OPEN
Jul-04 Current Price   279.82 96.72  
        Partial P/L 52.82%
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%
Jul-04 Current Price   33.68 1.88 5.91%
        Partial P/L 4.36%
Apple (AAPL)
DATE DIRECTION ENTRY   P/L P/L %
Jun-12 LONG 181.27     OPEN
Jul-04 Current Price   192.46 11.19  
        Partial P/L 6.17%

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