Swan Select Portfolio - Month 6 Update (+11.69% vs +6.76% S&P 500 YTD)

Approaching all time highs as we pass the halfway point

Dear readers, hope those of you in the United States had a good 4th of July! Welcome to the Month 6 update of our Swan Select Portfolio. This month, the market continues its rally and we are approaching all time highs. Notably however, the environment is very different from back in February, the previous time the S&P 500 approached all time highs this year. This month, I’ve been finding limited opportunities but let’s take this chance to review our existing positions.

As always, paid subscribers can follow along with these portfolio changes in real time using the subscribers chat.