POST-BREXIT OPPORTUNITIES IN THREE BRITISH STOCKS $EWU $SPY $GLD $GSK $AZN $HSBC
We started today with a huge pile of cash plus large hedges and a long list of stocks and ETFs to potentially buy on weakness. As my long-time readers know, our adaptive algorithms turned very bullish in February 2009 and mostly stayed bullish until October 2015. Since then, we have been cautious. I have continued to advocate holding good positions combined with appropriate hedges and high cash levels. Right now, our subscribers have up to 42% cash plus 40% of the portfolio hedged and many short positions. This morning, our call was to slowly start deploying cash, and we