Reversed two energy positions put on in October, taking the losses. I'm going to re-jigger the portfolio in the new year to remove all the duplication (DUG, ERY, SCO, etc.) and simplify things, especially since things like DUG are completely illiquid.
ETF Trading Portfolio Update -- November 30, 2015
No changes this week.
ETF Trading Portfolio Update -- November 23, 2015
No changes this week.
Chairman Recommended Game: Flow Free
This is one of my favorite games on the iPad. I solved it twice (completed progress erased once by baby) with the help of my son. I've never paid for a hint, of course, that's cheating. Flow Free just announced an update where they send a few new puzzles every day, which is nice for those of us who solved it long ago.
Russian Market Still Has A Long Way To Fall
Everyone in the Elliott Wave world saw the short set-up in Russia back in May. Last week another smaller set-up occurred, which confirms the idea that the RSX will fall by around a third from here. If things really get bad -- Fed policy errors, regional war, global depression, etc. -- then we can expect the RSX to fall to single digits, as you can see in the chart below.
Russia collapsing like this also jibes with my idea that the long bond yield will fall below the Jan. 2015 level.
Click to enlarge
ETF Trading Portfolio Update -- November 16, 2015
Getting short gold, emerging markets, China, and crude oil.
ETF Trading Portfolio Update -- November 9, 2015
Reversing Euro and (disastrous) FAZ short.
ETF Trading Portfolio Update -- November 2, 2015
No changes this week.
ETF Trading Portfolio Update -- October 26, 2015
No changes this week.
ETF Trading Portfolio Update -- October 19, 2015
Reversing real estate for a loss.