March 2021, Chicken Little Portfolio Performance

The Bull Market rolls forward crushing naysayers. US stocks soared in March of 2021, continuing a winning streak that dates back to March 23, 2020, March 9, 2009, and all the way back to 1800. Stocks for short run and stocks for the long run has been the way to make cash in America. 

It's a Bull Market

March 2021 performance

The Dow Jones Industrial Average soared 7.13% in February 2021 while the Chicken Little portfolio gained 0.67%. 

Mar 2021YTD 2021
Chicken Little0.67%5.50%
Dow Jones Industrials7.13%8.43%

March 2021 saw US stocks dominate stocks elsewhere in the world. The 'safety' trades of US Treasuries and gold continue their 2021 declines -- now each down more than 10% in 2021. Bitcoin and other cryptos continue to crush all other investments. 

AssetSymbolMar 2021YTD 2021
Dow Jones IndustrialsDIA7.13%8.43%
Non-US StocksEFA2.51%3.99%
Emerging Market StocksEEM-0.73%3.23%
US Long-Term BondsTLT-5.37%-14.03%

April 2021 portfolio positions.

Chicken Little is  hiding in cash: 87+% of the portfolio is in cash or short term US Treasuries.  Two modest changes in the portfolio. 1) Chicken Little has gone back to a modest long stock position, consistent with the Chicken Little philosophy of investing along with momentum. 2) Chicken Little has temporarily pulled back a bit on crypto. 

Crypto remains Chicken Little's favorite asset

Why reduce crypto while remaining super bullish? Just a pause to refresh after a huge run up in crypto. Chicken Little began this crypto run at Bitcoin $10,000. Second, Chicken Little sold all long-term treasuries in March 2020, an amazingly good decision. With these two important successes, Chicken Little has reduced risk to think. 

Previous month's report                 Subsequent Month's report

Chicken LittleDow Jones Industrials
2021 (through March)5.50%8.43%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)25.87%110.73%

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