You'll recall URTY is the Russell 2000/IWM's 3x leveraged long ETF which I opened a partial position in today in the trading portfolio which means I expect a shorter duration move, a normal bounce, even though I believe all moves Wall St. sets up serve a purpose.
In any case, I'll be adding the other half to that position to bring that to full size, again this is the new shorter term trading portfolio.
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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