Not unrelated to the previous post about long-term interest rates, I added the Vampire Squid yesterday per the NFTRH Trade Log. I did so after getting a sneaking feeling about yields still being in bounce mode and considering the banks and financials.
Instead I settled on GS and its decent chart pattern, which then pleased the market today. What’s more, I think it has a chance to reach the 200 day moving average. I write this not as a market bear or bull, but as a balanced player. I hold several sector/index shorts as well as several longs like our evil Squid here.
You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @BiiwiiNFTRH, StockTwits or RSS.