SHARPE INCOME … Market is Down … Who Cares?

Posted on Jul 5 2016 - 10:28am by Sharpe Trade

(We continue the ‘Sharpe Income‘ project from the previous entry)

Stocks are down something like 17 points right now.

Who cares?

A little dip before 10:30 AM est and people are running around like chickens with their heads cut off?  I’d take a measured risk here that we rally intra-day.

And for the ‘Sharpe Income’ project, we went ahead this morning and made the purchases we outlined yesterday.  1 PCY, 3 TLT, 2 IVV and 3 SHY.   All under the commission free ETF program that many brokers offer nowadays.  The spreadsheet has been updated.

Just my thoughts

(We will continue the ‘Sharpe Income project in the next entry)

1 Comment so far. Feel free to join this conversation.

  1. Dan July 5, 2016 at 2:04 pm - Reply

    Wrong on the intra-day trade … would have to take the loss there … still wary of a turn-around for the second day (delayed Turnaround Tuesday)

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