• Portfolio Management for May 1, 2014

     
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    Yesterday's short TNA behavior was disappointing and it didn't take long for me to cover it, which I did right when IWM was poised to break through its intraday high. TNA is a leveraged instrument and hence, I would keep it overnight only if I had a good profit buffer. Hence, it was much too risky to keep it with the ongoing 1.9% loss that could easily build.

    I am only keeping the CMG short and will look at the list below. I might also take a rest until next Monday, and only manage the CMG short here.