Daily Note

I’ll Be Home For Christmas…Eve

Dec 23, 2020

Thomas Thornton

 

  • It's a rather dull day with a narrow range on the major indexes
  • What was working yesterday is not working today and what was not working yesterday is working today.  
  • The bullish equity sentiment is starting to turn from extreme levels
  • I'm selling my TLT long with a 1% loss as I now see some potential for higher yields
  • I'm also adding two high flying ETF's as new short ideas
  • Finally, I want to thank everyone for their support this year and I wish everyone and your families happy holidays, merry Christmas, and happy Hanukkah.
  • I will be home for Christmas Eve and back on the desk Monday.
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