• Portfolio Management for September 23, 2015

     
    0 Comments Comments
    The Biotech downturn intensified yesterday although the MF itself was not negative.
    Anyway, I decided to close the BLUE 1/2 long ... and move along.

    I also closed the VNQ long.

    Early in the afternoon, I detected buyers and started to enter new long positions (a 1/2 short SPXS and a long XLF) with stops just outside the high/low of the day.

    At the end of the day, I noticed that SPXS went through its stop while XLF resisted and finished slightly positive.







    The trade ideas for today, mostly long, are below.