• Portfolio Management for January 20, 2016

    Yesterday, I only took 1/2 short MS position when sellers came in after earnings.





    The main problem is that any small snap back will push newly opened short positions through their stops. It is therefore very difficult to open new short position in an oversold market.

    On the other hand, we can see below that the system only produces short ideas.
    Still, mostly a wait and see situation for now.