The May 2026 Newsletter
The Month That Moved Without You
April was a genuinely difficult month to sit through. Not because the final numbers were bad — they weren’t. But because the path to those numbers was uncomfortable in ways that don’t show up in a monthly return figure.
A war. An oil shock. A ceasefire announced on social media. A tariff pivot. A spike back. Another reversal. Markets that finished near record highs after weeks that looked like the beginning of something much worse. If you made any decisions based on the news in April — bought, sold, hedged, waited — you probably didn’t get the outcome you expected. Most of us didn’t.
Here is the honest version of April: the market punished both sides. Those who reduced exposure during the oil spike and war fears got run over by the ceasefire rally. Those who held through the late-March drawdown endured weeks of real anxiety. Those who waited for clarity watched most of the recovery happen without them.
Wall Street has started calling this the “TACO trade” — shorthand for the pattern that Trump tends to reverse course when economic pressure builds too high. Markets have become conditioned to expect a de-escalation every time things look truly bad. That conditioning creates its own trap: those who sell on the news keep getting caught in the reversal. Those who stay long survive the dips but live through the anxiety of not knowing if this time is different.
April was not a month that rewarded analysis or quick reactions. The decision points — the ceasefire post, the tariff pause, the Hormuz re-restriction — came without warning and moved markets 2–3% within hours. Trying to trade around those events was, for most people, a losing proposition. There is no shame in that. The setup was genuinely difficult.
| Strategy | Apr | YTD |
|---|---|---|
| ── Top Performers | ||
| Maximum Yield Strategy | +5.7% | 6.5% |
| Universal Investment Strategy 3x Leverage | +2.1% | 4.7% |
| Universal Investment Strategy 2x Leverage | +1.5% | 3.5% |
| Gold-Currency Strategy II | −1.5% | 6.9% |
| Top 3 Strategies | −0.1% | 3.5% |
| ── Rotation & Risk-Managed | ||
| US Market Strategy 2x Leverage | +5.2% | 1.8% |
| Aggressive Risk Portfolio | +3.2% | 2.6% |
| Global Market Rotation Strategy | +2.5% | 7.2% |
| World Top 4 Strategy | +1.3% | 4.2% |
| US Market Strategy | +1.1% | 4.3% |
| US Sector Rotation Strategy | +0.7% | 3.1% |
| Moderate Risk Portfolio | +0.8% | 4.4% |
| Global Sector Rotation Strategy | +0.5% | 6.2% |
| NASDAQ 100 Strategy | +0.7% | 2.4% |
| Dow 30 Strategy | +0.5% | 7.0% |
| ── Conservative, Hedge & Bond | ||
| Universal Investment Strategy | +4.0% | 3.5% |
| Bond ETF Rotation Strategy | +4.5% | 5.7% |
| Conservative Risk Portfolio | +2.1% | 4.8% |
| Enhanced Permanent Portfolio Strategy | +0.7% | 2.6% |
| BUG Permanent Portfolio Strategy | +1.1% | 1.0% |
| Hedge Strategy | −0.4% | 3.9% |
| Leveraged Gold-Currency Strategy | −2.5% | 2.2% |
| ── Watch | ||
| Crypto & Leveraged Top 2 Strategy | +4.9% | −25.9% |
Performance based on signals issued by Logical Invest. Slippage and fees not included.
A lot of people are sitting with a version of the same question right now: if the world feels this uncertain, why not move to cash and wait for things to settle down?
It’s not an unreasonable instinct. But it runs into a real problem. We are in an inflationary decade — and war, particularly one disrupting a major energy supply route, tends to make inflation worse rather than better. Sitting in cash means accepting a near-certain real loss while waiting for a clarity that may not arrive on any predictable schedule.
The harder truth is that going to cash and then getting back in is one of the most difficult sequences in investing to execute well. When do you return? After a 5% drop? A 10% correction? After the war resolves? After the Fed cuts? History is not kind to the timing of those decisions.
If you’re genuinely concerned about a sharper downturn, a time-tested alternative is the permanent portfolio framework.
The concept is simple: spread exposure across stocks, bonds, gold, and cash — assets that tend to perform well in different economic environments — so that no single scenario causes catastrophic damage. It won’t lead any leaderboard in a roaring bull market. But it won’t fall apart in a crash either, and it keeps you participating in markets rather than sitting on the sidelines while inflation quietly erodes your purchasing power.
Our Top 3 Strategies and Enhanced Permanent Portfolio Strategy are built on this philosophy — staying in the market across asset classes, rotating toward what is holding up, and maintaining the kind of structural diversification that cushions the impact of unexpected sharp moves. Both finished April in positive territory, quietly, without requiring any decisions. In a world where the big risks are unpredictable, that quality matters more than it might look on a calm month’s leaderboard.
April did not reward people for being smart about the news. It rewarded people for not acting on it. That’s not a comfortable lesson, and we’re not trying to score any points with it. It’s just what the month looked like when the dust settled. The strategies that held up best were the ones doing what they always do: following a process, rotating quietly, and letting the rules decide — not the headlines. We wish everyone a calmer May.
We wish you a healthy, fulfilling, and profitable May.