Today we closed short position and entered some longs…

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Markets opened lower today and we covered our short positions, and then we entered some minor longs. We do not have major buy signals today based off the Wyckoff Tools, but we are on point to a change of trend. We took large profits in AAPL today of over $30 from our two short positions. We also covered shorts in the oil sector by covering XLE and XOM shorts. These also were nice profits. We …

Big Day Today!!

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

We are having a big day today. Please make sure you are following our Twitter for our thoughts in these fast moving markets. We sold Oil Stocks on this mornings quick rally, bought bonds and TLT, and our shorts in AAPL are working nicely. It appears that stocks have further to fall, and our bond indicators got major friendly on this mornings selloff. Our long metals positions look very good as well. $TLT $XLE $XOM …

Market traded a little slow today waiting on tomorrows Fed…

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

We have have entered into some short term trades in the last few days. We have had success with all of them except for today getting stopped out of a TLT short. We are content with our shorts in the oil patch with our XLE and XOM short positions. We are also short real estate with our VNQ short, and a small long in the precious metals with a long position in GDX and NEM. …

Putting on some model portfolio positions…

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio 0 Comments

We purchased 200 TLT at $122.76, Stop at $121.76. Also selling short 500 GDX at $16.43, Stop at $17.03 We are expecting stocks to rollover here and bonds to work higher. We also like the sell in Precious metals here so we are going short the GDX. This last GDX rally has a short-term divergence with the FORCE Index and we think this market rolls over here.