NFTRH Update 7.10.13, Taking Profit on Bank ETFs & Market Notes

The growing conviction on the ‘taper to carry’ plan has helped me hold onto the KRE and IAT Regional Bank ETFs, but they are very over bought on both daily and weekly time frames and there is an FOMC Minutes related jawbone effect coming today.  I am going to reluctantly take 7%+ and 5%+ respectively on these ETFs, while the carrying ‘T2C’ plan forward. The … Continue reading NFTRH Update 7.10.13, Taking Profit on Bank ETFs & Market Notes