Trade update 8/2/17

Long 10y bonds again. Yes, system is whipping us around. That’s the price of trading in really efficient markets. There is lots of confusion, cross-currents, bond markets disagreeing with stock markets. Current position, including commodities:

  • Long nq (ndx)
  • Long zn (10y bonds)
  • short qm (oil)
  • short he (lean hogs)
  • very small short volatility position