MICA Portfolio

2/27/2026 - Software, technology, and financials have been destroyed in February. Much can be attributed to one single company disrupting the market, Anthropic. Claude Cowork features continue to raise uncertainty for the need for software companies in the future. Tariff impacts, softened labor markets, and potential invasion in the Middle East do not make the markets fearless. Regardless, I made a new $400 deposit. Added two shares of $HOOD to take advantage of the 50% discount. Added one share of $SPMO. Entered a new position, Invesco S&P International Developed Momentum ETF with the ticker $IDMO, and acquired two shares of it. The thesis for international exposure is to capture growth from foreign markets investing in AI and to gain a financial advantage from a weaker dollar.

2/1/2026 - $WPAY has underperformed, with a sideways market eroding its NAV. I plan to rebalance some of $WPAY's allocation toward an adjusted growth strategy that captures investments in energy, the AI thesis, and other opportunities. 

12/31/2025 - What a year it has been! Beginning Noahnomics and the MICA Portfolio has been a fun project. Launching in May and making many deposits, the portfolio stands at ~$2.4k! I cannot wait to take advantage of the opportunities in 2026! Happy New Year!

11/5/2025 - $HOOD reports the most powerful quarter yet. Double beating revenue ($1.274B, up +100% YoY) and EPS ($0.61/share, up +$0.44 YoY) expectations. $333B in total platform assets (+119% YoY, $152B in Q3 2024). $HOOD continues to buy back shares (seems to purchase at dip prices, very strategic purchases). Net income of $556M ($2.2B in the last 12 months). I maintain my bullish sentiment.

10/31/2025 - In completely selling the $MSTY position in October and rebalancing to $WPAY, we have preserved capital while receiving weekly distributions. However, the distributions are less than $MSTY. At the same time, $MSTY NAV eroded -22% in October vs. $WPAY NAV appreciated +1.87%. Roundhill's strategy serves the MICA Portfolio more favorably as $WPAY is capable of capturing upside while yielding income frequently.

10/22/2025 - Acquired two more shares of $WPAY at intraday low for $50.33. Total income expected for November (as of this update) is around $37.

10/20/2025 - Sold entire $MSTY position (~10.5 shares) after $6.07 distribution. Reallocated capital and acquired three shares of $WPAY, Roundhill WeeklyPay Universe ETF. Yield may decrease under this new ETF. However, the leveraged strategy combats erosion and captures upside.

Overall, the $MSTY position realized a loss of -$257.72. Total dividend distributions total +$153.62. Total return equaling -$104.10. This is the first position sold and the first realized loss for the MICA Portfolio. The thesis behind $MSTY proved incorrect, as the underlying ($MSTR) price action (PA) declined. NAV erosion ate principal, which was unfavorable with the goals of this portfolio. The alternative, $WPAY from Roundhill, addresses concerns with $MSTY by diversifying into other tech-focused income ETFs and offering 1.2x leverage to capture principal upside, as stated before.

10/10/2025 - Market volatility today! Acquired five shares in a new Income ETF in today's price dips; $WPAY, Roundhill WeeklyPay Universe ETF. It is an equal-weighted index of all WeeklyPay single-stock ETFs offered by Roundhill. It aims for "fluctuating weekly distribution payments based on its constituents' distributions."

9/30/2025 - The September report is available! Sold 6.32638 shares of $MSTY. As expressed in previous updates, it is in the greater interest to reduce exposure to NAV erosion of $MSTY, as the underlying asset's performance is insufficient to maintain a stable price and dividend. I am researching a similar asset managed by Roundhill Investments.

9/18/2025 - Acquired 15 more shares (65 total) of $GRAB at $6.32. New cost basis is $5.12.

9/17/2025 - Today, the Fed announced a 25 basis point cut. The Effective Federal Funds Rate is expected to hover around 4.08% after the cut. Indexes closed relatively flat on the day. In addition, the Fed discussed its plan for a total of 75 bps cut in 2025, likely resulting in two more cuts this year.

Forbes recently featured $GRAB (Grab Stock To Grow 2x?), noting their first positive free cash flow in 2024 and continued revenue growth. This publicity is bullish for Grab, as the previous four trading sessions have seen over 100M shares in volume. Additionally, the stock has successfully broken out of the $5 range and reached the $6 support level. I will expand on the portfolio's exposure to Grab.

Recent IPOs such as $KLAR and $FIGR are on my radar as potential growth opportunities.  

9/2/2025 - Sold 17 shares of $MSTY. While it realizes a capital loss, the dividends paid by the strategy create a breakeven. Cash is now 20%+ allocation. As September is historically flat or red, I will spend the month conducting due diligence for the next growth position.

8/31/2025 - August was relatively flat. As pointed out earlier, $MSTY continues to erode. I will reduce portfolio exposure, perhaps 10 or so shares, and reallocate to a new dividend ETF strategy.

8/20/2025 - The market appears to be making a rotation, causing red for the S&P 500 tech and cyclical sectors.

Sold ~3.5 shares of $MSTY, to reduce exposure and reallocate capital to $WTPI, acquiring two more shares. Added one more share of $SPMO and two shares of $HOOD.