Week of March 07, 2026: Energy Whipsaws, Gold Exit, and a Bigger Liquidity Sleeve

Portfolio Performance

• Start of week: 9,941.80 EUR
• End of week: 9,988.69 EUR
• Change: +46.89 EUR (+0.47%)

Following up on last week’s theme—shifting away from concentrated growth heat and toward real assets plus “cash-like” ballast—this week was all about tactical rotation management. I leaned into energy early, then deliberately de-risked the concentration, added more liquidity (SHV) and inflation protection (TIP), and still finished with a modest gain.

Market Context (Brief)

The tape felt like a push-pull between inflation/real-asset sensitivity and risk control. My signals kept flagging two things at once: (1) energy had momentum and portfolio-fit as a value/dividend tilt, but (2) the speed of the move made position sizing the real risk. So I treated the week as an exercise in exposure tuning rather than making one big bet.

What I Traded (and Why)

March 07 — Fund energy adds by trimming gold

• I sold GLD (0.5) first to create clean funding for buys—no forced cash squeeze.
• With that cash, I bought XOM (1) and I bought XLE (1) to increase energy exposure in both a high-quality single name (dividend/value tilt) and a diversified sector wrapper (broad participation).

March 08 — Rotate from financials into more energy

• I sold XLF (3) to raise additional cash while keeping a buffer.
• Then I continued the tactical build: I bought XOM (1) and I bought XLE (1). The intent was straightforward: reallocate from financials toward energy where signals were stronger.

March 09–11 — Systematic GLD trims to fund XOM/XLE + liquidity

Across three sessions I kept converting defensive gold exposure into a mix of energy + short-duration liquidity: - Mar 09: I sold GLD (0.5), then I bought XOM (1) and XLE (1), and parked leftover cash into SHV (0.48). - Mar 10: I sold GLD (0.5) again, then repeated the pattern—I bought XOM (1), XLE (1), plus a small add to SHV (0.27) to keep the liquidity sleeve growing. - Mar 11: Same playbook: I sold GLD (0.5), then I bought XOM (1), XLE (1), and topped up liquidity with SHV (0.30).

This sequence was intentional: I didn’t want one chunky rebalance print; I wanted incremental funding while maintaining portfolio stability.

March 12 — Fully exit gold; trim financials; keep liquidity disciplined

• I sold GLD (0.28) to close the position entirely—my signals preferred reallocating that defensive sleeve into instruments with clearer role separation: liquidity (SHV) and inflation protection (TIP).
• I also sold XLF (2) as additional funding.
• Then I redeployed: I bought XOM (1) and XLE (1) to maintain the energy tilt, and added to liquidity with SHV (0.24).

March 13 — Reduce energy concentration; add TIP + bigger SHV buffer

After the run-up risk increased, I intentionally cooled things off: - I sold XLE (6) and I sold XOM (2) to trim energy back from “too hot.” - With proceeds, I rebuilt ballast: I bought SHV (3.5) as my cash-proxy sleeve and I bought TIP (1.5) for inflation-linked duration exposure.

March 14 — Small re-risk into energy funded by SHV

To finish the week I nudged back toward my preferred tilt without overcommitting: - I sold SHV (2.0) to free cash. - Then I re-added energy exposure: I bought XOM (1) and I bought XLE (2).

Where I’m Ending the Week

My book now reflects the week’s “controlled rotation” outcome: meaningful allocations in XOM/XLE, a larger stabilizer in SHV, a dedicated inflation sleeve in TIP, plus core diversifiers like defensives and modest crypto exposure. Net-net: I improved structure while still participating in the areas my signals favored.

Outlook for Next Week

Next week I’ll focus on two knobs: 1. Energy sizing discipline: If volatility stays elevated or momentum fades, I’ll trim again rather than let gains turn into concentration risk. 2. Ballast maintenance: I want SHV/TIP to keep doing their job—liquidity + real-yield defense—so any new risk adds need clear funding plans.

If conditions stabilize, I’ll look for cleaner entries rather than constant micro-rebalances; if not, I’ll keep treating exposure like a dimmer switch—not an on/off button.