It has been a while since I have blogged here – simply too busy with other stuff.
So far markets have been moving in perfect seasonality and previous 2 years pattern, which is what I have expected.
If you are like me and concerned with not losing your hard earned money rather than scoring big, you should have been ready for this action and welcome it as it brings opportunity.
Of course you can use some small part of your port to make some fun trades lol.
Yes, whatever part of my portfolio I can use for day-trading is having a blast and I hope you do to.
It is also not a bad environment to use covered call strategy and allocate some capital into safe sectors like consumer staples, pipelines, utilities and sin stocks.
I have no interest in any kind of commodities plays, technology or momo plays – I live it to you day trading geniuses.
PS: do you know where your hedges are? You better…
5 Responses to May .. risk off season
all of a sudden, Mr. Patridge the bear.
I am never a bear,
hedged bull, that is all.
I believe in seasonality and it is against the bulls now, could be wrong of course.
lol, good call mr. p. hows your gold bug status?
Lol, horse leaves barn. Shut door. Run away. Run away. Growl.
ccj to infinity, mr partridge.