• Portfolio Management for October 13, 2015

    Yesterday, I completed the short ARMH position on continued weakness in the EV pattern and covered the SBH short as money started to move back in. I am afraid SBH could stage an oversold bounce in the next few days.





    The portfolio is 40% long and 40% short.



    The trade ideas for the day are below:




    For today, I suspect the biotech sector (IBB) will bounce.

    The most interesting trades could be shorting gold miners since GDX issued a short signal. AU can be shorted on any type of move lower.











    The AU short is clearly only a short-term trade.