Monday September 8, 2014

$SPY I will be actively seeking exit points today for $MU, $NFX and $XEC in light of their respective recent opinion changes and the light economic calendar thus coming week. As earnings reports wane, geopolitical along with Central Bank news will carry the market until early October. This scenario along with publicly trade funds (Mutual Funds) doing some portfolio dressing in anticipation of their October year end will serve to increase day to day volatility. My objective is to remain partially invested in accordance with the Asset Allocation Model and protect the year to date portfolio gains which I have garnered.  No sense in taking unnecessary risk with little or no upside. At approximately three times the markets gain this year I am content with both balance and performance in the Alpha One Model portfolio.

The cash generated by the anticipated sales mentioned above will reduce my equity exposer to around 54% Long and this along with my day to day options trading will most likely be sufficient until after the November 4^th  elections.



Goldman Sachs gets bullish again on stocks

"Scotland split jitters send sterling to 10-month low" 

"IMF's Lagarde urges Germany to spend more, aid recovery" 

Scottish Independence Looms as Iceberg Moves Toward U.K. 

S&P 500 Beating World Most Since 1969 Doesn’t Spark Flows 

U.S. Index Futures Little Changed With S&P 500 at Record