Courtesy Post: Position Change

Analysis To Follow

For whatever reason, the biotech (LABD) short is not performing as expected.

However, the oil market looks like it may have topped out.

Positioning:

Exit LABD and re-position short oil sector via inverse fund DUG (absolutely not advice, not a recommendation) 🙂

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

%d bloggers like this: