It's been an interesting year for the market. Coming into the home stretch before the holiday season we've seen the indexes not really make or gain anything significant. There has been a noticeable increase in volatility since August and the active traders, especially the day traders are having a field day. With elevated vol levels, we've seen short term trading opportunities that are better than have been around for a couple of years.
The quantitative fund that I run saw incredible performance in both September and October..hopefully it will continue through the end of the year. With the fed failing to raise rate and with the street discounting the chance of a rate hike in December, it seems that the market has nowhere to go but higher for now. For those that can stay nimble, there will be continued profit opportunities as this market is very fickle and is looking for reasons to sell off quickly.
I'll be checking in a little more afternoon. Have been back and forth about whether to continue blogging but I think I will for the time being.
TLT
