Wuhan Coronavirus Hysteria…buying opportunity?

The Wuhan coronavirus continued to spook the markets.  Today is the 5th trading session since the virus was confirmed in the USA.  The S&P 500 was down over 1.5% today and nearly 2.6% since the virus was detected in the USA. How does this compare with past viral hysteria?  The Ebola outbreak of September 2014Continue reading “Wuhan Coronavirus Hysteria…buying opportunity?”

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”