It does, but today’s write-up illustrates that time is not on my side. It’s a busy day, but it’s only fair to give you a heads up. Sorry for the brevity.
Thanks For Insurance
Undoubtedly, you remember that Natural Gas is well known as the “widow maker”. I bought put option insurance when I closed out my short-term long contracts. In this manner, I protected my long-term futures contract investment. I took my profits on the put options today.
Rebalancing Is A Regular Event
Again, no real time, and I’ve got a few conference calls scheduled for later today. Nike finally caught some positive news about revenues. My overall position told me to take some profits. Being up more than 40% in the position, I listened. There are a few more I’m looking at. When I act, I’ll let you know.
It’s David Bowie time again. Changes are good, especially if you take advantage of them. I’m a buyer of interest rates, which are going lower. I’m a buyer of rare earth element stocks. They are going higher. I hope you are listening. I’m not doing this for my health. I’m doing it for your long-term financial success. Keep in touch.