I do have some an opening in the Equity model portfolio after closing CAT yesterday, I'm considering FAZ, but not as a core position, more along the lines of a swing trade.
Financial's trend can't even be scaled properly, it would be lower, not a great signal with non-confirmation on the fastest timeframe.
A closer, intraday view.
The 3x leveraged Bull Financials, FAS also leaking off on a negative 1 min chart, no opening confirmation at all.
FAZ 3x leveraged Bear Financials, this would be the potential long.
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