A Heads Up on Bonds
Originally published at 1:54 PM EDT on August 27, 2015
Bond prices are at the high of the day and yields at the low of the day -- this is not, historically, a RISK ON message or signal.
Position: Long TBF, short TLT
Adding to Blackstone/GSO
Originally published at 12:15 PM EDT on August 27, 2015
High yield has clearly stabilized; I added to Blackstone/GSO Strategic Credit (BGB).
Position: Long BGB
Long Twitter, Short Facebook (Part Deux)
Originally published at 10:23 AM EDT on August 27, 2015
Position: Long TWTR, short FB
More SPY Shortin' Goin' On
Originally published at 1:41 PM EDT on August 27, 2015
I am getting much more serious on the short side with SPDR S&P 500 ETF (SPY) at $199.15 now.
I have moved from modestly short today to medium-size short.
Position: Short SPY