If you have short term, leveraged Financial longs such as XLF calls or FAS trading positions, I would consider easing up on them or even closing them, you should be able to re-enter them shortly at a better price.
I will be closing the FAS trading position opened (long) right after I post this.
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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