Lions.. the 10yr stands at 1.31 right now with the dollar under some pressure- stocks are down across the board. As you know we need to keep our eye on the 10yr, DXY, and crude.
The market is prime for a correction, this DOES NOT MEAN we will get one! But as I said in my video blog lately and this morning, I would like to see a correction.
In this situation it may be a good idea to hedge current long positions/trades and pull profits from trades which have made money.
I would also look for possible buying opportunities based upon IF we see the 10yr fall along with stocks… right now that is NOT occurring.
I will keep you updated.
GM
Apple has been my biggest loss, I've been averaging down and hoping for a bounce.
i would hate to hedge now and then lose more on both puts and calls