Keeping Cash Levels Low

After scaling off a profit from my beast ANGI position today, I found myself in the precarious situation of having too much cash on hand.  The market is running very hot, yes.  My rally fever is perhaps matching the temperature of the market, sure.  These are the two caveats you must keep in mind while reading these musings.

Last week we talked about the nuclear trade.  iBankCoin noble Mr. Cain Thaler has been working the nuclear trade since Fukushima.  I really like MCT’s style.  He has incredible foresight when everyone else is running around with their heads on fire.  If you’re not reading everything he writes you’re doing yourself a great disservice.  He pounded the table on AWK two years back and I’m still holding this massive winner, collecting a nice coupon along the way.  See how I digress?

I love energy plays going in the State of the Union address tomorrow.  You know Obama is going to jawbone infrastructure and energy.  He likes nuclear and solar panels and all the other alternatives.  Position accordingly.  This is all subjective talk, mind you, by me.  I really just like charts.  You need to remember that.

In order to bring my cash back down below 10% I started new positions in GNRC and CCJ.  May the weather continue to be volatile and our energy infrastructure feeble.

I highlighted the levels that will make me rethink my stock exposure this morning.  The plan will continue to be amorphous like any good plan should be.  Grab some nuts from DMND and read along.