TFMkts Best Trade Idea Update
For those of you awake, sell SPX (ES) at 1379. Cover yesterday’s long set at 1374.5 AND set a short. So go from long SPX to short SPX (will send a summary of current trades on later this morning). Strength in U.S. stocks makes little sense to me with Spanish and Italian bonds selling off. […]
TFMkts – New Trade Idea and Fixed Income Allocation Adjustment
Buy SPX and take HY “fixed income allocation” from 10% to 20%. HYG 89.35 and SPX 1379. We took HYG down early last week from a 15% ideal to 10%. Now up to 20%. We have seen a decent move and were waiting for this opportunity to nibble and add more risk/yield. This is also […]
TFMkts Best Ideas – Official Kick-off
As we continue to refine our distribution methodology, we are changing the form of content to make it easier for people to use. The T report will be a daily summary of what has gone, what to watch out for, thoughts on the market and trading strategies. There will be growing focus on all forms […]