Monday, March 19, 2018

QLD 50% Long for Tuesday....03.19.18

G20 decision to support internet tax toke a toll on FANG and Amazon.  Otherwise, the risk environment is heating up as the DOW hit -400 before recovering somewhat in the afternoon session.
The market did not crash into the close, which offered some encouragement for tomorrow but we'll monitor after hours action to try an get a heads up before entering any new vested positions.
Our models kept us out of today's carnage and an otherwise ugly drawdown.