- A really quick note to say that I'm rotating more into high beta holdings, aka the Nasdaq 100. I know that's not working out for me so far the past week, but my losses have been light (a few percent). As I've stated, I think this is a normal correction within the bull market. We're near the lows of the correction, heck we're making new lows as I type. This is my third buy of beta. My first buy was early last thursday, and again near the close on monday. You know what they say about a fool and his money, eh?
- I believe we're having the mid-term election year pullback within the normally weak summer season. We're in the week before options expiration, which is often times negative for the market. However, the market sometimes makes a stand on wed-thurs of pre-options week and rallies into the options week. We shall see.
- More later.
