The summer doldrums drift is still in progress, currently slowly trading to the downside. However, the Dow is currently trading right at the 50 day moving average. It will be important to see whether this level will hold. These market conditions still warrant having both long and short positions in the portfolio.
September 1st Daily Market Comments
The summer doldrums drift is still in progress, currently slowly trading to the downside. However, the Dow is currently trading right at the 50 day moving average. It will be important to see whether this level will hold. These market conditions still warrant having both long and short positions in the portfolio.