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10/31/18
Thomas Thornton
Hedge Fund Telemetry Trade Ideas

Just a quick note to mention we took profits on some shorts:  NVDA +22%, AMZN +19%, IBB +12%,  DXJ +9.75%, BA +3%, XLK +7%, SPY +4%.   Positive tone after FB medocre quarter and strength around the world is part of the reason for taking off short exposure.  A lot will weigh on Apple tomorrow night and with the jobs numbers on Friday.   Lot's of cash on the sideline and will assess long ideas today and over the coming days.  I've expected a lower high wave 2 of 5 down bounce on many indexes and this could be the start.  More on the Daily Note today out soon.

Current Trade Ideas Sheet


Lot's of cash to deploy when we see fit.  Patience

 
 


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