He Said, Xi Said

by | Aug 27, 2019 | Daily Note | 0 comments

  • It's another "He said... Xi said" as Trump has said China called "twice and they want to make a deal" while the Chinese are denying they called the US
  • This is a very challenging market that warrants higher cash levels and defensive positioning.
  • Took off some energy stocks today as it is very hard to get anything long to continue for more than 5 days
  • Risks are very high for a downside waterfall crash if the recent lows break.  
  • I look at a lot of factor indexes today.  It's been a wild year.  Did you know the S&P is down YoY and month by 5% while it's up 14% YTD.  
To access this post, current subscribers need to first log on or click here if you would like to learn more about becoming a subscriber to Hedge Fund Telemetry. If you need any assistance logging on or have questions about our membership plans, please email here. Thank you!