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Well sort of. I’m long from October 3rd in the leveraged mutual funds which has been well documented already, and today was a part of the massive comeback that I knew was coming. Eventually this trade will become profitable and I’m guessing by this Friday’s close or the next or the next one after that …

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I sold my leveraged ETFs into the pop this morning taking losses in the 16-21% variety. No more SSO, QLD, UWM. All cash there. However, I still hold leveraged mutual funds and I only do that because of the timing issues. I plan to buy back these leveraged ETF’s if we get a shit storm …

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As I sit here and watch another challenger fall into the water on Ninja Warrior, I’m thinking about two items I need to post. 1. I wrote this afternoon that, “I’m positioned heavy in the index long mutual funds and am loaded up on QLD and EWM.” I made a typo with EWM (thats the …

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I laid out my trading plan last night and even last Friday. So far it was right on the money. Minor selloff into Fed meeting and now a rally post Fed. Ben Bernanke must be a fan of the Olympics because the market is rallying right into the torch ceremony. I kid. I joke. I …

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I took an index long this afternoon on a lighter amount of money. I want to be careful. After losing everything I made yesterday in the leveraged mutual funds, that is a little bit of a wake up call for me considering yesterday was a huge day for my account. Dennis Gartman likes to say, …

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