Made a few trades since the last update:
- Shorted some Mag7 stocks. Unfortunately I shorted when they were oversold a few days ago, so the position has bounced into the red. The addition of Marvell and SpaceX to the S&P500 and Nasdaq should squeeze out Mag 7 and result in selling pressure.
- Used last nights rebound to reload my MSTR short.
- Also increased positions in 'interest rate sensitive stocks' as they corrected a little yesterday.
- High-beta tech (longs) got kicked out.
If the market goes up tonight I may increase my Mag 7 shorts.
Only the last 3 rows here have changed:
After end-of-quarter window dressing tonight, I am bearish on the market for the next few weeks.
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