Tuesday, June 11, 2013

ZOMG sell everything!

I haven't been updating this blog, but I've still been making changes to my investments.  I just made a major change in risk exposure, which prompted me to make this post.

On Friday, June 5th, an indicator I follow ticked over from "stay invested in the equity market" to "remove exposure to the equity markets."

Accordingly, I sold most of my stock market holdings.  I still have PHYS and PSLV (physical bullion) and SCPZF (natural resources, including natural gas, oil, cattle, and farms).  I still have AAPL calls at various expiration dates, much of which are out of the money (sigh).  I still own JGBD (3x inverse ETN on Japanese Government Bonds) and have 2015 puts on FXY (Japanese Yen).

I also have both 2013 and 2014 puts on IWM (Russell 2000).  This hedge is left over from when I had more equity exposure and I may close it now that I'm hedged with cash.

I also have outstanding owed puts (I sold my promise to buy to someone else) on NES (which was HEK) which expire this month, so I may or may not be put the shares.

Discussion of the indicator from 2009:  http://boards.fool.com/sell-in-june-and-go-away-27760614.aspx

Current discussion:  http://boards.fool.com/sell-in-june-signal-30721820.aspx