Today we closed short position and entered some longs…
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 then entered some minor longs in XLE, XOM, MSFT, as well as shorts in TLT.
We also entered short in treasury bonds, and sold some bond options for the Model Bond Portfolio.