DECEMBER 2nd: PORTFOLIO POSITIONING
During the trading day Friday, I tweeted the following:
I took a decent profit in TMV after the reversal back up in bonds went up much more than expected on Friday. This isn't an environment to become complacent with profits since they tend to disappear overnight.
Towards the end of the trading day, I opened a mid-sized position in SQQQ. I'll be providing the chart analysis behind this trade tomorrow. It's a short-term trade that will, in all likelihood, be closed out before the end of next week.
