High Risk

Recent Performance — Last 4 Sessions

Today = vs the Aug 18 published unit ($1,395). Live opening marks (Fri, near the open ~7:30 MDT); daily move is vs Thursday's (Aug 20) published update; August MTD starts from Friday Jul 31's official month-end close. August MTD vs Jul 31 close ($1,257.26). Sessions before Jul 14 reflect the prior book; the current holdings were established at the Jul 14 open.

Baseline note (Aug 21): today’s move is measured against the Aug 20 published update ($1,395); August MTD is measured against the Jul 31 official month-end close of $1,257 for the current whole-share model. July is locked closed in the monthly table.

Position Scoreboard — Sorted by Portfolio Weight

Today = vs the Aug 18 published mark for positions already held. Since Fill = vs SOXL $179.62 / TQQQ $75.19 / MSTR $94.78 / BE $205.15 / NBIS $172.19. Weight = % of unit. Live opening marks (Fri, near the open ~7:30 MDT); daily move is vs Thursday's (Aug 20) published update; August MTD starts from Friday Jul 31's official month-end close.

Portfolio Allocation by Category

Live Track Record — Since January 22, 2026 (Actual)

▲ Current month through today; July 2026 is locked closed; return measured from the Jan 22, 2026 entry. * Jan–Mar 2026 are estimated partial-period returns carried from our May 2026 updates; they predate our daily archive (begins 15 April 2026) and are shown as estimates, not as-published daily marks. Apr–Jun cells are as-published marks; July is locked closed from the Jul 31 month-end close; close-basis restatement pending the anchor review. No backtests, no hypotheticals. Units are price-return; dividends are not accrued.

Calculate Your Position Size

High Risk is marked at $1,432 on the current whole-share model, +2.6% versus Thursday's published update. August MTD is +13.9% and 2026 YTD is -12.5% on the performance chain. The “Bessent put” is the story of the week: Treasury Secretary Bessent said Thursday the doubled long-bond buyback program could grow further and would “become routine,” and markets are now trading Treasury intervention as a standing backstop. The result is a historic crypto meltup — bitcoin up roughly 20-24% since Monday, its best week since March 2024, on more than $3 billion in liquidated shorts — that's landing squarely on this book's largest position.

MSTR (+7.2%) leads the book today. MSTR, now roughly 33% of the book, is riding that meltup directly. But this rally is concentrated in crypto and gold, not broad tech: capital-intensive AI/tech names stayed pressured Thursday after a weak Walmart sales miss, and the 30-year yield backed up to ~5.25% this morning, nearly erasing Wednesday's decline.

NBIS (+2.8%) and BE (+0.6%) are both stabilizing today after this week's AI-infrastructure pullback, with no distinct confirmed catalyst for the move either way. SOXL (-0.1%) and TQQQ (-0.7%) are roughly flat, tracking the broader tepid-tech tape rather than the crypto story.

Bottom line: no portfolio change before this update. HR is up +2.6% today, led by MSTR at +7.2% — a reminder that a book this concentrated in one bitcoin-linked position will swing hard on crypto-specific news, for better or worse, regardless of what the rest of the book is doing.

Portfolio Builder | Market Update | Friday, August 21, 2026

Trade Ledger — Entry & Exit History

Every position we open and close, newest first. Realized P/L on closes is marked against the original entry price.

Entry prices verified against the Jan 22, 2026 cost basis. “Open” = still held today. An entry marked “Closed <date>” was exited in that rotation — its realized result is shown on the CLOSE row for that date. This ledger builds our public track record going forward.