Bears now seem to take the lead on the markets. Our portfolio return since inception fell sharply last week: from +16.8% to +14.1%.
Let's be cautious and protect our unrealized profits: I am moving the stop losses higher for the following positions in my portfolio:
- BZF: stop moved from $23 to $25
- FXA: stop moved from $81 to $85
- GLD: stop moved from $96.5 to $99
Here enclosed an update of the portfolio.
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