• Portfolio Management for July 22, 2014

     
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    I am not too happy to have to reverse positions so fast these days! Hence, I closed the SPXL short position yesterday, while the TBT long was almost stopped out before bouncing. TBT has now 86% probability to hit its stop level. This means that we should probably exit the trade earlier, especially with the EV spike.

    Yesterday, I placed a few orders to enter long positions in weakness, but only MYGN triggered.







    I intend to be slightly long, as an IWM bounce seems the trade of this week.