Wednesday, December 28, 2011

Goals for the new year!

As you may know, 2012 is the widely predicted year of complete economic breakdown.  Even if things don't collapse entirely there are a few very serious roadblocks in terms of debt, spending, and available capital that will have to be dealt with during the course of the year.

Potential Roadblocks:
- FOMC rates and stimulus decisions:  they've pledged to keep rates low until 2013, but what happens when that's not enough?  If a bear market hits the US pressure will be put on the fed to create stimulus, and if it doesn't, it could easily trigger the next great depression.

- Elections: the market may react quite negatively depending on who gets elected.

- Potential debt ceiling issues

Friday, December 2, 2011

Two baskets of equities I will be trading.

In times like this, when everything in the market seems to be coupled together, I like to stress having positions both long and short.  Thus movement in the dollar that effects equities will largely be offset.  That being said, here's a basket of financials i'll be shorting and other things i'll be long on.

Short Basket: 
MS
BAC
P
DAL

Long Basket
GLD
USO
RIO
KMP