• Portfolio Management for July 31, 2015

    Yesterday, I closed the long ETP trade when the EV pattern started to point down.



    I also entered a KNX short trade on a weak bounce, but closed that trade at a tiny loss when we broke above the high of the previous day. KNX is still a short idea for today.







    As of now, the portfolio has only one long position: NTI, which is slightly bleeding.



    The ideas for today are below:



    ZION and AAPL could be interesting on the long side. I might as well trade QLD instead of AAPL. QLD would be a buy on a pullback to the 5MA.