• Portfolio Management for September 21, 2016

    Still only GLD as a long position.





    However, I plan to buy BABA today, if it does not open on a gap up.



    ACIA is also interesting to buy at around $105.



    The trade ideas for the day are below. Oil service could also be interesting.
    Now, we also have to consider that even if the Fed does not raise rates, buyers will not come in full force as uncertainties about the next election winner are now higher than even. Hence, there is the possibility of a risk-off move even after a dovish Fed statement.