Regarding the markets this morning, I was a little surprised to see (as of this writing, because there are both very close to unchanged) that NQ had flipped green and ES’s low was very small, whereas they had both been down hard when I went to bed last night. It’s not upsetting, though, because, frankly, huge Monday morning sell-offs have always been greeted by ruinous government intervention. I’d much rather things be calm. It looks like a good opening for me in any case.

Even more important, my portfolio is quite interest-rate sensitive, and the weaker bonds can be, the better. We’re definitely doing good things in that respect:

I am quite short right now (267% of buying power used) across 74 positions, and there are a handful of others I plan to enter as well. This should be a very interesting week indeed!

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