I'm closing this with a small gain, maybe 1-2%, but I see a pullback coming in FAZ (short Financials), if I was holding FAZ equity rather than options, I'd be tempted to hold, it's near term intraday pullback signals, the longer term and intermediate term still loo great. I might close half an equity position and try to add it back at lower prices.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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