We nibbled on some positions today with expectation of coming pain. Absolute key for us right now is to stay small and add slowly while keeping a lot of buying power dry for tomorrow.
We inititated positions today in ATPG AU AUY CMI CRK DO GDX IAG JRCC NUE PAAS PCU QCOM RGLD SQM SSRI SU TC and will add not into support (most of these already broken) but into panic.
As we wrote real-time in our Twitter acct, we added into the FOMC sell-off and took off the adds into this little rally. Keeping all cores for now.
Sold partials of everything (but still have small size on all positions), limiting risk due to tonight's State of Union unknown.
How Big Is The Universe?
6 hours ago