Positioning

Came into 4/10 week:

2 DIA (first positions near election with shuffle week of 1/30)
1 QQQ (12/7)
2 SPY (2 on 1/3)
1 SMH (1/18)
2 INDA (3/3 + 3/28)
2 EEM (3/13 + 4/3)

2 EEM short hedges 4/5
2 IWM short hedges 4/5

10 longs, 4 short hedges, 60% net

Adjustments
4/10: None
4/11: None
4/12: -1 SMH, cover EEM short hedges, adding QQQ hedge back on
4/13: -2 SPY, -1 DIA, cover QQQ short hedge

Leaving
1 DIA
1 QQQ (12/7)
2 INDA (3/3 & 3/28)
2 EEM (3/13 & 4/3)

2 IWM short hedges

40% net long

As noted in a few daily comments, from here I will include safe havens as positioning options instead of short hedges. GLD and even TLT on buy signal, even VIX, all easier and more profitable than shorts. 

* * *

Positioning limits
15 or 150% long, -50% shorts or hedges, 200% max total exposure. 

Currency & commodity positions are not included in this system. 
Share