Energy Wins Big in January - Portfolio Update

Here's what's working, what could go wrong, and how I plan to keep riding the bull while preparing for a potential bear market.

The Ross Report Tracking Portfolio returned +2.56% in January.

This compares with a loss of -5.27% in the S&P 500 and -8.75% for the Nasdaq. The table below summarizes the return data since inception: 

The portfolio’s heavy energy exposure drove performance during the month. As noted on January 7th, I believe the stage is set for $100 oil and continued outperformance for energy stocks in 2022. The thesis is playing out as expected, with crude oil gaining 23% on the month, and energy stocks rallying across the board.

But it wasn’t just the energy stocks in the portfolio that defied the turbulence in the broader stock market last month…