Today we had double distribution on the market profile, however there are no significant signals that we have reach a temporary bottom. Â $Gold still trading above 1300 and the $SPX closed lower than Friday’s low. Â As of this note the ES futures are trading at 1982.5 Â — The emerging markets or small caps wont run until SP500 sets a low. Â If we continuo moving lower, adding protection will be expensive, this is why we currently hold a significant percentage of cash.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.