I decided since last week I had started closing long hedges picked up in early June as the head fake move lower took place, I have some room for some long exposure in the equities only model portfolio. In addition, as you know, I like to spend the least amount of time as possible in options trades and in my opinion there's still some lack of clarity in MCP as far as entry timing, the equities model portfolio is a better place I believe unless/until that uncertainty clears up, so I'll open a speculative MCP long in stock only for now.
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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