• Portfolio Management for March 11, 2015

    As expected, I had to cover the SDS short position early in the day yesterday.

    The market weakened, but on the first bounce, I bought a long long BMS, but later on the stock pulled back down to the buy price, where I had put a stop. So I am out at breakeven and prefer indeed to be out is a market that finished so poorly.





    The trade ideas for the day are below. I am only interested in shorting SDS/SPXU on more weakness, but the Euro/US$ is incredibly weak, which really questions any long strategy until things settle.