Back to Cashish

I opted to close out the rest of my UVXY long and move back to 100% earlier this afternoon, after taking a loss on the gold miners this morning.

Bulls are excited we are off the lows, and the small caps may be trying to hammer out a bottom by the bell.

However, I am not yet convinced we have seen the end of the selling.

One thing is for sure: In this market, cash ain’t trash.