There has been little to discuss this week as the 100% invested position we took has been paying off handsomely. Our ETF portfolio has outperformed the rising major indexes each day as well.
Wednesday there was an afternoon plunge when Bloomberg mis-reported the news of the Fed minutes. When other services got it right there was a rebound that carried into the final hour. Unfortunately for those traders who use trailing stops and got pushed out of their positions there is no recourse when media fouls up.
Futures are near the break even point this morning having gone from green to red in the last hour before the open.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.