Monthly Update, February 2025

View Tearsheet here: PERFORMANCE DETAILS - Soaring Pelican

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Recent Program Performance

As the market begin the sell-off we have been anticipating, our systems are in re-calibration mode and are experiencing chop. Unfortunately no one can tell when these situations will arise, and it's not as easy as saying "why not just turn it off and wait" since that next trade could be the winner that erases the drawdown.

What our systems are doing is processing the incoming volatility, which requires absorbing some punches along the way. The good news is that volatility is excellent for short term trading, this may be the beginning of a very profitable phase for the program.

Below you will find our daily progress. As with any chart, the trend ebbs and flows naturally. Our most profitable investors have initiated or added to their positions at the indicated points.

The Big Picture

The S&P and Nasdaq have now officially penetrated their 200 day moving average and we can assume that the uptrend has broken. Whether that means a sideways consolidation or a new bearish trend remains to be seen. Based on the technical levels which have broken it is reasonable to assume that selling pressure will continue to overwhelm buyers.
It is unusual to see such linear, persistent selling as we have seen in the past 2 weeks. Clearly there is much uncertainty created by the tactics that the new president is using on the world stage. Uncertainty creates volatility which may be the new normal.

Our Outlook

We love volatility. Our systems self-adjust to new market environments, but since it is impossible to predict the future we react as the story unfolds. As mentioned previously, adjustment necessitates taking a few blows during a major market shift. At this point, it looks like re-calibration is complete and we are ready for this new playing field.
Volatile markets require nimbleness, something we excel at. You might see us take positions in scary places, but rest assured that this is the contrarian's path to success and we have deftly navigated it for many years.

Best regards,

Sam Beckers and Dario Michalek

Soaring Pelican, LLC

805-322-7393 

www.soaringpelican.com

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. FUTURES TRADING IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK.

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