My Market Outlook

The markets have been struggling and the only big moves to the upside have been created because of FED printing money and buying its own debt. Banks are screwed. Commercial real estate is screwed. Good speeches, even with the help of a teleprompter, cannot create profits out of losses. I am predicting a 5-10% decline in the broad markets, with banks and CRE leading the way, over the next 1-4 weeks.

Here is a overview of my positions.