I will admit this is a bit early, but I like the looks of the following positions that are in the model portfolio, yesterday I took 25% profits in them and was looking for a pullback to add to them.
Thus far, I believe I will add some shares back to FAS, URTY, TNA and BAC.
There are others I took profits in including TYP, TQQQ, URTY, UPRO and UDOW.
I'm not quite ready to add those back, but I may soon. I will let you know.
Remember, this is early as far as I'm concerned because we still don't have the kind of confirmation I'd like to see, but the pullback has not been that deep and adding to them later may defeat the purpose of having taken profits yesterday to add back at lower prices.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment