This is another long from the trading portfolio.
If I feel more comfortable with the asset in the days ahead, I may re-enter it. For now, I'm not very comfortable on a short term trading basis, especially with such negative charts so close by (10 min).
I WOULD NOT CALL THIS AN ENDORSEMENT OF AN IWM SHORT POSITION AS FAR AS TIMING RIGHT 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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