RTS-OS Portfolio and Trades
RTS-OS Sells HPQ and Buys P at the Open; Covers ABX and shorts EXPE at the Open
RTS-OS Sells HPQ and Buys P at the Open; Covers ABX and shorts EXPE at the Open
Today
was actually an interesting day. They were unloading small caps, but
the move in cash indices were all on the back of selling (hedging) SPX
and NDX futures. My guess, between now and labor day, is that we move
up to back test the trading range (1670
to 1710) with big caps leading. Also, keep in mind that we have opex
this week and we are experiencing extra volatility due to low volume.
My conclusion is that we are at or very near a short term bottom.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change N without notice.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change N without notice.
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