The markets are showing some pre-election nerves
Started the morning with 6% cash after liquidating almost all of my ProShares Short S&P 500 (SH) short hedge position yesterday (At least a day early! SMH). Purchased a 1% position in Twitter (TWTR) on post-earnings weakness. As Doug Kass refers to it; Twitter is a trading sardine. I take this to mean he looks to buy it “on sale” and then unload the shares later (hopefully for a nice profit), as opposed to “investing in the business” for the long term.