Locked Out

With a 50% cash position and a short hedge via TWM, I am effectively locked out of this rally today. To add insult to this inglorious happening, I’m down about -0.63%. Not a disaster, just frustrating to leave money on the table by selling early yesterday.

However, I did pair trade DBA and DZZ today.

In effect, long grains, short gold.

UPDATE: Not to worry, the REIT strategy is up 2.80% today, in spite of SRS.

Trannies looking strong, performance beating both the Dow and the S&P by a factor of almost 2.

I guess we’re going higher.