Today I'll Bask

Been a quiet day but have to say, a day like today is when you feel like you hit a home run

Of my top 10 positions, 5 are long, 5 are the Ultrashort ETFs

The 5 long positions make up 5 of the top 8 positions, and all 5 are up between 3.5-6.5% in a down tape.

And all 5 Ultrashorts are up from 0.5% to 3.3%.

So on one day alone like this you can outperform the indexes (S&P 500, Russell 1000) by +2% - and when your goal is 15% annually, that is a heck of a day. (in fact it would be a heck of a month)

Can't ask for much more... now send me your money ;)

p.s. with sales today cash is up to 20.5%
p.s.s. Crocs (CROX) finally showing recovery and has now jumped back to right below a major resistance area - I did lighten a small bit here, but if this name can pull through the $42s area it has a lot of open road ahead.... I still find this company extremely undervalued - even up through the mid $50s.

Long calm days on the market when winners and losers sort themselves out