Get Ready to Load the Boat
The market took a break today as expected, materials names were weak as the dollar moved up the better part of the day. Goldman Sachs $GS continues to be the most important stock I’m watching, it tested that major 160 level this morning and was summarily rejected. Buy some puts on Goldman as a hedge for your longs and close them out if we get a close above 160. Video below…
Leigh Drogen is the founder of Surfview Capital located in New York. Leigh runs a long / short momentum strategy which takes positions across several different asset classes.