• Portfolio Management for November 17, 2017

    Yesterday I sold the SDS long as the markets were breaking out. However the IRBT/BEAT entry prices were not recahed and henced I refrained from buying these stocks.



    At the end of the day, I however opened a short VXZ position as I believe that volatility will come down in a quiet Thanksgiving period.



    The portfolio is now 20% long.



    AAOI is still doing OK and can be accumulated on a pullback to the neutral zone



    The trade ideas for today are below. I still like RACE as a short, but JCOM could also be interesting on a continued bounce.