Equities: 30%
9% SH
5% DOG
4% RWM
5% IAG
2% WMT
3% OCR
2% CHE
Fixed: 28%
11% LQD
11% TFI
6% TIP
Currencies: 16%
11% UUP
5% FXB
Commods: 17%
9% GLD
8% SLV
Cash: 9%
What a day. I let the market take out my stops in FXI, EEM and HYG today. Loaded up on gold via GLD and IAG (a value play on the gold miners). Also increased my position in SLV and added DOG, RWM for hedges on WMT, OCR and CHE. Also, like the dollar here so added more UUP, cut back on FXB and added a little LQD and TFI to boot.
Funny how Obama signs the stimulus bill and the market tanks. Oh, well. We saw that coming. You….did see that coming, didn’t you?
Market at risk for new lows soon (I know, I sound like Devildog. Forgive me.) Sorry.
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