Tactical Update: Long Story Short (PREMIUM-UNLOCKED)

*The following Premium Post was issued to TLS members in the afternoon of February 25, 2021.*

We are adding a smallish hedge at the end of the day here as there may be some further weakness ahead in the near-term. Specifically, we are shorting the Russell 2000 via buying the TWM, inverse RUT ETF, near ~15.48. Looking for this break of the 2220 level in the Russell 2000 to potentially lead to a further dip to 2110.

That’s all for now. As always, stay tuned to our DSS posts for further developments — they provide the most current updates to our investment portfolio and outlook. We touched on many of these potential moves in today’s DSS.


Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.