Wednesday, July 17, 2013
New Short Position
I might be premature in making this assessment, but my view is that if the market is poised to break above 1687.18, then today with Bernanke's testimony would be the day. He basically said all the same things as last week, but the market stalled out (as of this writing) somewhere around 1682. And, so, I initiated a new short position on XLK (the technology ETF).
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In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13. Right now, you can get them fo...
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I sounded "sad" in yesterday's post, but really I am pretty sanguine about the election. Change is going to come even if the ...
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I came across this really interesting chart regarding 2013 and 2014 EPS forecasts by region and globally. Note the very pronounced move fr...