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Rougher day for the portfolio today than we have had even on most down days of late. Our silver puts and other bearish bets were all profitable for us today, while most of our longs were in the red. So be it. Three quick news articles for you to look
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Email from a Trading with Cody subscriber: “Hey Cody! What do you think about the reverse split with Citi? Buy?? The other big banks? Buys? Thanks, Shawn.” Shawn, earlier this week, I started shorting the XLF of which Citi and its welfare-funded business is a part. Citi would be insolvent
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It sure looked like we were going to fade all the way back to flat or down on the day there for a while, but the market has stabilized as the contra hour starts. I’m not pulling any triggers this afternoon. On another note, doesn’t it figure that
