The markets ended on a bit of a weak note today, which might be a good opportunity for me to exit. The reason why is simple … shorting large tech companies just doesn’t make sense right now. Check this out:
I’ll treat this as a learning experience and move on. For now, my January shorts in the Russell 2000 still seem good, as does going long gold miners – particularly the biggest and strongest that are tied to the popular GDX etf as well as the gold streamers.
Best of luck to you all.