Your portfolio closed at $11,255,064 today, up $107,854 (+0.97%). All equity positions gained on broad market strength, with TSLA leading at +2.8%. Your bond sleeve was essentially flat. Overall risk profile is unchanged — portfolio beta holds at 0.98 with no new concentration breaches. Sentiment: STABLE.
| Metric | Value | Change vs Yesterday | Status |
|---|---|---|---|
| Portfolio beta | 0.98 | unchanged | Normal |
| Annualized vol | 14.6% | unchanged | Normal |
| VaR (95%, 1-day) | -$163,200 | +$800 | Normal |
| Max drawdown (12mo) | -8.7% | unchanged | Normal |
| HHI concentration | 1,182 | +3 | Moderate |
| Cash % | 0.19% | -0.01% | Low |
Correlation watch: IWF-QQQ remains at 0.97. Consider consolidating these into a single position to simplify the portfolio without changing your exposure.
The S&P 500 rose 0.89% today on continued optimism around corporate earnings. The Nasdaq gained 1.1%, favoring your growth tilt. VIX at 16.2 indicates calm markets. The 10-year Treasury yield edged up to 4.28%, pressuring bond prices slightly.
Upcoming for your holdings: MSFT reports earnings April 22. As your 3rd-largest equity position (6.4% direct + additional exposure via QQQ and IWF), this is a significant event.
Harvest AGG loss (-$378), replace with SCHZ to maintain bond exposure
Estimated tax savings: ~$140 at 37% bracket. Minimal portfolio impact at 0.9% weight. No wash sale concern.
Monitor TSLA approaching 6% weight threshold
Currently 5.50% and climbing. At $400/share, position exceeds 6%. Pre-plan trim strategy considering $543K embedded gain.
Evaluate MSFT earnings risk (reports Apr 22)
6.4% direct + ~4% through ETFs = ~10% effective exposure. Potential 5-8% move on earnings.
Plan to increase MDIJX when cash available
International at 8.3% vs 15% target. $75K into MDIJX would bring to ~9%. Requires additional cash beyond the $20.9K available.
Track IWF/QQQ consolidation opportunity
0.97 correlation = effectively duplicate exposure. Consolidating simplifies tax-lot management. Tax cost of selling QQQ: ~$183K.
TSLA at $400
Position exceeds 6% weight. Pre-plan trim strategy.
VIX above 25
Would significantly increase portfolio VaR. Monitor for hedging needs.
MSFT earnings Apr 22
Potential 5-8% move. Review position size ahead of report.
Fed meeting May 6-7
Rate decision could impact growth/value rotation.
Review SPSB duration — Position unchanged. Still relevant.
pendingConsider adding international — Not yet acted on. Cash remains low.
pendingThis analysis is for informational purposes only. Consult your financial advisor before making investment decisions.