Nikkei is down 2.50% in morning trading and the yen and dollar are rallying. Although Japan is a surplus country that will be hurt by a widening trade war, the yen rallies during deleveraging.
The trade war may be the rally killer the bears have been waiting for.
Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
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