17 Mile 2.0 Strategy Note 6

17 Mile 2.0 Strategy Note 6 August 18, 2017 PORTFOLIO ACTIVITY Since August 3, positions in VIAB, TEVA, TRVG and EGN were initiated (VIAB was a re-initiation); the SNI position was closed; and the SPY short position maxed out. As of today's activity, the portfolio looks as follows: Longs: 100% SPY Hedge: 100% DISCUSSION With … Continue reading 17 Mile 2.0 Strategy Note 6

Advertisements

17 Mile 2.0 Strategy Note 5

17 Mile 2.0 Strategy Note 5 August 3, 2017 DISCUSSION As the S&P 500 continues to hang out near ATHs, underlying breadth continues to deteriorate. I was looking for one more FOMO 1-2% rip to put on the remaining SPY hedge, but my conviction in that path has fallen alongside market breadth. While more than … Continue reading 17 Mile 2.0 Strategy Note 5

17 Mile 2.0 Strategy Note 2

17 Mile 2.0 Strategy Note 2 July 13, 2017 US EQUITY MARKET While global economic and corporate earnings growth continues to firmly underpin the global equity market - thus limiting ultimate downside - US market breadth and sentiment, as well as recent market price action, continue to suggest the US equity market is setting up … Continue reading 17 Mile 2.0 Strategy Note 2