Weekly update:
Year-to-date performance does not include current open trades.
Aggressive Model:
YTD: +26.6
Current position: 50% TZA @ 37.20
Conservative Model:
YTD: +8.6%
Current position: Cash
Tough week, especially for the Conservative Model, which had its biggest weekly loss of the year, primarily due to the Brexit vote.
I was stopped out of SPY at the open on Friday. But since I failed to post that here, I used Friday's closing price - which was lower than the opening price - to be fair.
For the coming week, there is a high probability that we'll see a lower low than Friday's close. If - or when - that occurs, the future is less clear. Odds seem to favor this current slide not going too much deeper before rebounding.
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