Picked up Yen (FXY) this morning on sale at 72% allocation. Here are the results for the past two weeks and this week's allocations and entry prices: None of my posts represent investment advice, and are provided for entertainment purposes only.
Keeping all positions for another week None of my posts represent investment advice, and are provided for entertainment purposes only.
Sold all positions Friday. Here are the results for the last two weeks: None of my posts represent an investment advice, and are provided for entertainment purposes only.
This week's trades, placed this morning: None of my posts represent an investment advice, and are provided for entertainment purposes only.
Hi Coner, thank you for writing! I think it's hard to find a macro factor that does not influence currency prices Specifically for my view on JPY above, Japan's current account surplus and GDP growth (and, hence, capital inflows) are the main macro factors that will drive the Yen upward vs USD over the upcoming weeks/months, in my opinion.
Sold DBB this morning None of my posts represent an investment advice, and are provided for entertainment purposes only.
Took profit on FXY yesterday afternoon; keeping USO, RXI, EFV, HYG, HYEM, XLE, XLF for now. None of my posts represent an investment advice, and are provided for entertainment purposes only.
Staying committed to USO, RXI, EFV, HYG, HYEM, XLE, XLF for now. Just added Base Metals (DBB) at about 10% on strong demand fundamentals. None of my posts represent an investment advice, and are provided for entertainment purposes only.
Just took profits on the financials and discretionaries (XLF and RXI). Added TIP at about 114% in anticipation of more stimulus. Staying the course with USO, EFV, HYG, HYEM, XLE and DBB. None of my posts represent an investment advice, and are provided for entertainment purposes only.