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Market Internals

randholm
May 22, 2014 11:40 am / Published in Market Update

Market Internals

 

The market internals are strong today showing us buying pressure to the upside.  Today every I traded went on my favor and we are closing gains for the week

TIF and TSLA Long and  SINA and VXX Short.  I will be closing the VXX trade short this week.

The SPY its likely to find resistance at this levels and I will not be initiating new longs here.

There are not many seller in the next resistance levels but I do not want to be holding large positions over the weekend

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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.

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