• Portfolio Management for August 16, 2017

    Yesterday, I opened a short ADM, even though we did not reach the optimal entry price. Note below the two logical stop levels. The further the stop, the lowest the probability that it will be reached, but the wider the loss.





    The trade ideas for today are below. Those in Blue (HAL/SLB) are only there for observation as their accumulation patterns still look negative.

    Note that RNR is a reinsurer, which moves only very slowly. It is a very defensive long trade.