FDX, MU, semi conductors and PCE on Friday
thanks sleepy. what does putting money on the sidelines mean to you? 80% long? 60%?
Almost exactly spot on, I was 78.3% long coming into today, roughly 3.5% short via puts (which is going down), so about 82% in total exposed.
I appreciate the reply! I plan on degrossing a bit. the distribution days are concerning to me
thanks sleepy. what does putting money on the sidelines mean to you? 80% long? 60%?
Almost exactly spot on, I was 78.3% long coming into today, roughly 3.5% short via puts (which is going down), so about 82% in total exposed.
I appreciate the reply! I plan on degrossing a bit. the distribution days are concerning to me