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
