
Materials (XLB) Short Working Well
From the Trade Log on June 5: I took my first short today, against the US Materials sector (XLB) as it rises hysterically to near the previous highs and fills a gap. I am leaning ‘reflation… not yet’ while still holding banks (KRE), commodities (DBC), etc. Profits were already taken on KRE, DBC and the other reflation items before today. So XLB is my only … Continue reading Materials (XLB) Short Working Well