What? The Market Traded Today?

Posted on Sep 1 2016 - 4:41pm by Sharpe Trade

You have to remember that for much of what I do on the equities side of things, my periodicity can hold from anywhere from 3 days, to 4 years; dependent on the process that is running.

So with the context of that time-frame in mind I ask …

Did the market trade today?

I’m being sarcastic because honestly, I’m not seeing much to convince me directionally of anything one way or the other.  You may remember we were long the Q’s, but we ended that position earlier today.  Other than that, we are sitting on a ridiculously high percentage of cash.

And we are still neutral on equities at the moment.  We’d need to see a break and solid, consistent trading below 2145 on the December e-mini S&P 500 Futures, or above 2185..

Until that happens?  I’m not seeing much happening.  So I’m going to go back to updating our records for our August numbers …

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