My mantra is simple and what drives my Macro-To-Micro trading style: Policies lead economy. Credit leads equities. And Volatility reprices everything.
My Gone Fishing Newsletter is divided into basically three parts:
- Reflections and Inflections
- Sector Watch
- Macro Considerations
Last Week – Speculators Unwind Big Nasdaq Short in Futures. The increase was the second biggest on record in data going back to 1999. Upon seeing this I then wondered – and expressed as such in my trading room – when do these net short non-commercial positions on $VIX futures unwind too? Added to the growing […]