Is the S&P 500 rolling over or making higher lows?

It’s been one negative headline after another- FED Repo Operations, rumors of Chinese stocks being delisted in the US, Impeachment Inquiry…yet today’s recovery was impressive and widespread.  What I find ever more interesting is how Emerging Markets seem to be improving as the US is slowing.  For the past month, Emerging Markets have outperformed theContinue reading “Is the S&P 500 rolling over or making higher lows?”

Pruned Paired Trades

Today I made significant changes to 20% of the model portfolio.  Paired trades (winners & losers) were sold in an effort to mitigate further risk and harvest some long term capital gains. The liquidation was spurred by this week’s unexpected resignation of Intel’s CEO and also the revelation that Starbucks’ sales are decelerating in China.Continue reading “Pruned Paired Trades”