It is said to be difficult to achieve returns surpassing the S&P 500. Only about 12% of actively managed funds have been able to exceed the S&P 500 over a long period of 15 years or more in the past. However, it is possible to outperform the S&P 500 in the short term of one year, and this report will explore how to achieve this. How can you surpass the market average? Let's consider.
In 2024, the S&P 500 rose by 23% to close at 5881.62. It was a fortunate market where it ended with over 20% increase for the second year in a row. According to Bloomberg data, only 10 out of 44 hedge funds surpassed the return of the S&P 500. While each company has its own investment strategies, the two companies that achieved top performance are using macro strategies.
Macro strategy involves analyzing the overall movements of economies, financial markets, political situations, etc. in countries and regions worldwide, and is an investment strategy that involves trading in financial markets such as stocks, bonds, currency, commodities, and futures markets. I explain these movements on YouTube every day and communicate the overall direction. What becomes important then is individual stock investments and...

Today, also pay attention to the 5-day Moving Average.
The SQ value is 39,434 yen on a provisional basis. Until 9:30 in the morning, it seems to be in a state of phantom downward trend below 39,500, making it difficult to sell off with caution against the Bank of Japan's interest rate hikes.
It's okay to wait and see until the afternoon session calms down before considering positions, but I will wait until after the Bank of Japan opens to consider selling Far OTM options.
It's a good idea to place limited positions in either up or down with debit, etc. So let's look at the new stock chart today.
It will probably show a sell sign as a trend indicating a downtrend 5MA cross. Since other short-term charts have the same pattern, caution is needed for breaking below 39500 and a downtrend 5MA cross.

Entering the second half of this year, as part of the portfolio and significantly increasing the position in MSTR after the U.S. presidential election, the current unrealized gains exceed $0.12 million.
As for future plans, a partial or complete profit-taking and position adjustments will be made. At this stage, it is not pessimistic about the future, but rather a response to the fact that the position has become significantly larger than the risk tolerance. Depending on the market, the timing of profit-taking and the amount of adjustment will vary.
In the current analysis, MSTR has increased its holdings by buying more through convertible bonds for financing, with over 0.33 million BTC currently held, which is well over 1% of the total circulating Bitcoin supply, making it the number one publicly traded company. When converted at $0.09 million per 1 BTC, it is approximately $30 billion, and considering from MSTR's market capitalization, it is not hard to imagine that the Bitcoin price directly affects the stock price. A similar situation is observed with MARA, currently in second place, which has also announced plans to acquire Bitcoin using part of the funds from bond issuance.
On the other hand, in contrast to the rise in the value of bitcoin, MSTR's share price increase seems to have a relatively leveraged situation...