NOV 21st: PORTFOLIO POSITIONING
I tweeted two allocations to the long side. One right at the open. One during the last half hour of trading.
Here they are:
Morning trade
Afternoon Trade
This brings my cost basis on QQQ to roughly 55 and IWM to 71.20 counting the initial positions I took on Friday. I'm current 45% invested on the long side. I am looking to add further weakness, with the possibility of taking smaller positions in some leveraged ETFs.
I have very obviously picked which sectors I think will outperform in the coming weeks. Small caps and tech have a tendency to do well in the December-January time frame. No reason to deviate from the seasonal tendencies of sectors as they seem to be working well here.
