The Russell 2000 and Copper exploded to the upside today, sending the ETF portfolio soaring. The currencies gained as well. There was lots of action, beginning overnight, and then after some corrections, continuing throughout the trading day. Our gold futures position was up, but unfortunately, is not in the ETF portfolio since it is already maxed out at five positions. The short wheat position actually made money this time, in spite of a long soybeans position also making money. We were stopped out of the wheat with a profit. Overnight, things seem quite calm compared to yesterday. At this writing we are one and one-half hours into the market day; however, we know that anything can happen. See you tomorrow.
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