The FOMC announcement is out and while the Fed is signaling the beginning of the end of zero-rate stimulus, the market's reaction is rather benign so far; while the VIX only continues to erode (down another 4% today). I've been scaling into a larger net-long position, although at this point I remain rather lightly positioned overall.
Total Position: 1.33-to-1 net-long, 34% invested
Currently Long (according to size): CML (increased today, 9%), HMIN (5.2%), RINO (4.3%), CISG (4.3%), HRBN (4.1%), ULTA (2.2%)
Currently Short (according to size): QID-long (NDX Dbl-short, reduced today 5.4%), AAPL (out for now, 0%)
(Note: inverse-ETF QID represents being dbl-short the respective index)
Futures Accounts: No current position (see the Twittspitt for details)
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