This is very speculative because of the Syrian situation and going in to a weekend.
However I do like ERY (3x bear Energy ETF) as a long here, I already have exposure so I'm not adding anything.
I will be adding XLE (Energy) Puts - XLE Oct. $86 (monthly) Puts.
This will be a smaller than normal position because of the fundamental risks.
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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