Moving into the following week I will be creating a balanced portfolio of choice stocks, commodity shorts and taking a moderate short on the VIX.
As I am unsure which direction the market will go this week I will be looking at a potentially sideways trend with limited upside potential in stocks. Hedging the portfolio in a manner that diversifies potential trends will be the best way to proceed. A list of positions on the US market open are listed below:
C-PJ, DOW, GE, GPRO
TVIX, SEA, BHP, BRSS, COPX
Hopefully there are no major market shocks, as either a larger than expected ramp, or a crash would see this strategy failing.