SPY short covered in ignominy, but not really

The loss was 10+%. That’s the “ignominy” part. The “not really” parts are that a) the loss was steeper before this market correction and b) SPY was too blunt an instrument, as I picked the absolute worst thing to be short (outside of Semi, Tech and the Consumer sectors) as this pig simply rotates its sectors when things start to weaken. Now that we’ve got … Continue reading SPY short covered in ignominy, but not really

alice

NFTRH; A signal in Precious Metals and other thoughts

While several individual miners (e.g. WDO.TO, KL from my holdings) are doing better than the sector itself we used the HUI/Gold ratio as a guide when it was bullish and we need to use it now, as it turns bearish. Of course we’ve been noting a turn to bearish for the sector since the February high, so this is a bit of a ‘Captain Obvious’ … Continue reading NFTRH; A signal in Precious Metals and other thoughts