QQQ and the hedge that saved my bacon
--yes I am still short but hedges have helped
Long is dangerous and hedging is tough
--even a tail has RISK!
Expected moves and the great bifurcation
--QQQ, SPY, IWM, XLE, XLF
Diversification is DEAD!
--NASDAQ 100
--SP500
--EEM
--Low Beta does not constitute low risk
--Where are you gonna go?
SPX Expected Move
--last week-- 64.02 (expected move)
--next week-- 49.96