Details of trades: https://www.elitetrader.com/et/threads/journals-of-conservative-investing.342056/ Monday: 4.36% Tuesday: -1.9% Wednesday: -0.23% Thursday: 16.30% Friday: -3.4% Cumulative return: 14.75% Correlation to S&P 500: 0.001 S&P 500 returns: -2.93%， 9.38%， 1.15%， 6.24%， -3.34% S&P 500 this week's cumulative return: 10.22% The key point is we have control of the return series.
Yesterday was a bull trap. There's no reason the market should've had such a pop up given the climate. Yet it did. Where did OP make all his gains? Yesterday.
The trap .... got weak shorts. Next it will probably get weak longs. Rinse, repeat. Markets move because they have to. Not because they want to. "Reasons" are for talking heads.
This journal is a duplication of efforts, simply a summary of another journal by the OP. Going forward please post these summaries/observations/commentary in the primary Journals of conservative investing.