Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (12 issues)
Up 2.97% toward the $775,000 52-week high with RSI at 69.0. A cash-rich defensive allocation favored while technology de-grosses — continue holding
Position: +0.5% on a double-crash earnings day — this is exactly what ballast is for, hold
Immune to the index drama, RSI 46 and flat — the ballast of the book, keep holding
Off 0.34% to $736,000. The ballast of a two-week risk-off tape — a 1% weekly drawdown is as wild as it gets. Stay long.
Up 0.7% to $738,500 — two days after the 'everybody is gambling' warning, the ballast has risen two days straight; the market heard it, holding
Down 0.5% to $733,180 — Buffett just said value is scarce 'when everybody is preferring gambling' on AI; that's the ballast's whole point, holding
Up 0.7% to $744,850 — the ballast finally earning its keep in rough water; holding
Down 0.2%, flat under the 20-day; the ballast wasn't needed this week — and isn't broken either. Holding
Down 1.0%, a second soft day below the 20-day — this is what ballast does when risk appetite returns; holding, unbothered
Down 1.0% — even the cash fortress dips on an index day; ballast status unchanged, holding
-0.1%, the cash fortress holds; long flat, ballast for a choppy tape
-0.6% near 52-week highs; a 15x cash fortress drawing safe-haven flows