Went Into The Weekend Hedged In The Index Funds
I hedged my NDX and RUT 2x fund positions after a very good week. I kept all my crap stocks which are rolling.
BGU up 17.3%
EWZ up 13%
YGE up 8.6%
Index funds did good as well, but don’t feel like calculating the numbers. Just know I loaded into these on Monday at the morning .
SYNM is the one up 63%, but this is what the rest of the portfolio looks like after one week.
KLIC, GMO, BLDP are some of the others in that list doing well.
SPX levels for next week:
The reason for the hedge is that I want to drop my short position on the down day and be a buyer there as well. I also want to drop my longs if we do hit that 850 number next week.
One of the things of this move that people haven’t been talking about is the rotation. Its one sector after another that keeps taking off, then resting.
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