Brutal mixed econ news today – durable goods, jobless claims, pending home sales, and a GDP that makes Somailia look like it’s an economic super power.
We cover our 2 day trade in the VIX that netted $2500 in the model portfolio, along with another VIX trade we put on yesterday, bearish, that is up $500 so far today. Nice 2 day trades on vol. We also cover AAPL and GOOG and take a look at tomorrow’s econ reports.
Trading is combat – there’s a winner and a loser. Our Primary Model Portfolio is up over 165% since 1 March, or over $80,000 on $50,000 in haircut. That’s Discipline. That’s Risk Management. That’s Superior Execution.