A down week as the trash rally found a peak, fell and bounced late Friday. We were slightly down for the week and importantly, we are ahead of every benchmark, demonstrating our renewed superior portfolio design. Here’s each strategy (please remember to check Black Diamond for your specific results):
LUL Performance
Start:
10/22/2025
Trading
By Strategy
Today:
11/7/2025
13 Days
Projected
Current Value Plus
Period Est.
Avg Daily
Quarterly
Paid/Accrued Dividends
Total Return
Total Return
Total Return
Win Rate
Portfolios
Alpha Convergence Conservative
101,093.57
0.72%
0.06%
3.49%
46.15%
Alpha Convergence Aggressive
101,116.57
0.78%
0.06%
3.79%
46.15%
Alpha Convergence
101,215.61
0.75%
0.06%
3.61%
46.15%
Preserve (Benchmark is Conservative)
100,168.37
0.78%
0.06%
3.80%
61.54%
Benchmarks
LUL Style
45.13
-0.06%
0.00%
-0.28%
S&P 500 plus Preferreds
444.40
0.52%
0.04%
2.53%
RSP 500 plus Preferreds
130.04
-1.05%
-0.08%
-5.10%
Smart Beta
60.86
-0.94%
-0.07%
-4.55%
Multi-Manager
94.01
-0.36%
-0.03%
-1.75%
Conservative
82.51
-1.11%
-0.09%
-5.36%
On The Move
We have a trade for the Preserve accounts on Monday – we are swapping UGI for NiSource (NI), a natural gas pipeline and electrical utility company we see as a quality upgrade at a better price. We did see META suffer a pullback based on skepticism just as Micron and Amazon moved strongly higher. That’s exactly the pattern we expect from our model – capturing winners like Micron while avoiding or minimizing exposure to speculative peaks like META.
Market Conditions
Meanwhile, the trash peaked and fell back this week in what we foresee as a continuing series of these run ups, as long as AI enthusiasm and economic tailwinds blow us gently forward. We also see less and less clear economic data due to the government shutdown, affecting Bureau of Labor Statistics reports. Not just the President’s inability to quote realistic numbers (and I heard some truly out of touch claims like tariffs have collected $20 trillion so far when it’s closer to $500 billion), but the continuing government shutdown means we are flying on less reliable private data and that adds risk to everyone. As the market takes a breather, we see all the elements for more speculation in place for more trash fever. This is further powered by a generation of new investors for whom “buy the dip” has not yet failed. It will fail because it always fails in a 20% or deeper pullback (a bear market.) The cool part for us is that our model spots trash rallies and keeps us in a far better position than those tempted more deeply into the speculation. We did buy META, and that is a very profitable company caught in the fever where our model indicated a better than average chance of success. So far, that is wrong and nicely offset by higher gains in Micron and strong gains from Amazon.
What It Means for Us
For us, we are in good market condition for our portfolios with relatively clear sailing until we hit another trash rally correction. Having flown through this one very well, we feel relatively confident about the next one.
The CatShark Report November 9, 2025
A down week as the trash rally found a peak, fell and bounced late Friday. We were slightly down for the week and importantly, we are ahead of every benchmark, demonstrating our renewed superior portfolio design.
Here’s each strategy (please remember to check Black Diamond for your specific results):
On The Move
We have a trade for the Preserve accounts on Monday – we are swapping UGI for NiSource (NI), a natural gas pipeline and electrical utility company we see as a quality upgrade at a better price. We did see META suffer a pullback based on skepticism just as Micron and Amazon moved strongly higher. That’s exactly the pattern we expect from our model – capturing winners like Micron while avoiding or minimizing exposure to speculative peaks like META.
Market Conditions
Meanwhile, the trash peaked and fell back this week in what we foresee as a continuing series of these run ups, as long as AI enthusiasm and economic tailwinds blow us gently forward. We also see less and less clear economic data due to the government shutdown, affecting Bureau of Labor Statistics reports. Not just the President’s inability to quote realistic numbers (and I heard some truly out of touch claims like tariffs have collected $20 trillion so far when it’s closer to $500 billion), but the continuing government shutdown means we are flying on less reliable private data and that adds risk to everyone.
As the market takes a breather, we see all the elements for more speculation in place for more trash fever. This is further powered by a generation of new investors for whom “buy the dip” has not yet failed. It will fail because it always fails in a 20% or deeper pullback (a bear market.) The cool part for us is that our model spots trash rallies and keeps us in a far better position than those tempted more deeply into the speculation. We did buy META, and that is a very profitable company caught in the fever where our model indicated a better than average chance of success. So far, that is wrong and nicely offset by higher gains in Micron and strong gains from Amazon.
What It Means for Us
For us, we are in good market condition for our portfolios with relatively clear sailing until we hit another trash rally correction. Having flown through this one very well, we feel relatively confident about the next one.
Disclaimer
This newsletter is provided for informational purposes only and represents the current opinions of LUL Wealth Management (“LUL”). It should not be considered personalized investment advice or a recommendation to buy, sell, or hold any security or adopt any particular investment strategy. The information presented is based on sources believed to be reliable, but LUL makes no representation as to its accuracy or completeness.
Past performance is not indicative of future results. All investments involve risk, including the potential loss of principal. The investment strategies discussed may not be suitable for all investors. Each investor should review their investment objectives, risk tolerance, and financial situation with a qualified advisor before making any investment decisions.
Performance data presented reflects the specific LUL strategies described and may not reflect the performance of any individual client account, which will vary based on account-specific factors including timing of investments, additions or withdrawals, and individual restrictions.
This communication is not an offer to sell or solicitation of an offer to buy any securities. LUL is a registered investment advisor. For additional information about LUL, including fees and services, please refer to our Form ADV, available upon request.
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