I'm going to look around for some long trades/hedges if any one needs them. I'm nearly perfectly hedged as this move down has moved barely moved the long term equity model portfolio. I had picked up some leveraged long positions to juice returns on a short squeeze and hedge the longer term short positions that I am not planning on covering. I don't have time for portfolio management and figuring out precisely what I needed to hedge as the model portfolio is my last priority (first is to all of you, second to individual emails, last model portfolio), however I luckily guessed correctly on position sizes for the leveraged long ETFs so I really don't need to move much around there, but I like the open so far and it looks like an opportunity to add or initiate some speculative longs/hedges for core shorts you may be planning on holding, it's just a matter of seeing where the high probability/low risk set ups are.
I'll report back.
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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