Made My Allocations, A Few Trades, Waiting in the Tall Grass for Fresh Meat

I made my allocations for the quant, God damn it. It’s a defensive portfolio, bookended by GLD and TLT. I also switched from DRIP to GUSH in my trading account — booking a small profit in DRIP. Reason being: large directional upside move in crude.

Am I now, all of a sudden, bullish on crude?

Of course not. Don’t be ridiculous. But I am bullish on making money, irrespective of what he asset class is, no matter the case. The trade in GUSH is simple. Market rallies = GUSH goes up the most. If not, oh well.

I am still long a lot of DRV, which should hedge me just fine. I am not looking for any more longs until HYG and SRLN trade up. As it happens, I have a nice windfall in the price action of EGO today.

Like I said earlier, it’s very likely we’re about to roll over hard and barrel into 5,800 Nasdaq. The GUSH trade is merely reactionary, so don’t read too much into it — fucked face.