We are going to go long TBT which is the Ultrashort 20 year Treasury. This means we expect the TLT to move lower, and 20 year treasury rates to move higher. Current Price of TBT is $17.39. We are using a $16.97 protective sell stop. **Remember TBT is a leveraged short, so position size lower if needed.

Todd Butterfield Blog, Model ETF Portfolio, Trade Updates

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Our general market indicators are overbought and looking like we are making a short term top here. I am selling IWM at the market ($222.40), and taking small loss. I am also entering a sell stop order on QLYS at $109.70 Good Until Cancelled. I will watch this one as if we can’t breakout here, I might just take small profit and look to buy back lower.

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

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QLYS – Buying at the market, current price $109.61. You can see that the OP has been making lower lows, while price holds higher. We also now have an oversold Technometer. Also looks like it could be completing a “Backup” to a the creek it jumped at $108

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Let’s buy IWM at the market, current price $230.74. We have what could be a jump and a backup, and the Technometer is extreme oversold.

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

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We have the BTC USD Technometer at 37.8 and a bullish divergence with OP (volume) hitting new lows while price holds higher lows. I think we make a bottom here….. So if you used the $36,100 mental I recommend, I would buy back that 66% at the market here. Current price $33,829

Todd Butterfield Blog, Model Bitcoin Portfolio, Trade Updates

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Buying ATVI – Activision at the market. Current Price $92.95. I like the way the OP has been solidly down while price is holding and actually just did a “spring” and nice rally off of it, and now holding at higher levels while Nasdaq is getting clobbered

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