• Portfolio Management for March 19, 2015

    Yesterday I opened a WHR short position on a breakdown on strong volume, but I covered it a few minutes after the FOMC announcement.

    http://www.effectivevolume.com/showt...8294-Short-WHR

    The other long positions were closed later on during the market spike, as I have no confidence in a continuation of the bullish move, mainly because of disruptions in the currencies markets.



    We can see below that VAR did not attract money yesterday, even though the bounce was impressive.
    RKT itself is a paper linked company. A lower USD would help commodities, which means the possibility that RKT's costs could increase.

    So, these are the justifications of the bail-out.
    We might face a different market from now on.



    The trade ideas for the day are below. I will avoid the markets today.