Tribeca Trade Group Weekend Newsletter March 31, 2019

Summary

  • I finished the first quarter +50% YTD and am pleased with the performance.
  • The portfolio was both stock and options, a formula I will continue 2019 with.
  • An important takeaway is that I had no big losers. Remember, it is ok to have losers - this is going to happen in trading no matter what - just not big losers.
  • I will be watching the IWM closely for signs of weakness or a turn. Other trouble spots like Transports and Regional Banks outperformed last week, which, in my opinion, is a good thing.

5d performance:SPY+1.2%, DIA +1.6%, IWM+2.4%, QQQ+0.6%, EEM +1.2%, EFA+0.9%, TLT +1.3%, GLD -1.6%
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Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

This article was written by

Christian Fromhertz is the founder & CEO of The Tribeca Trade Group.  Christian has 15+ years of experience in the Financial Industry. Previously, Christian was a Director and Senior ETF Trader with Bank of America Merrill Lynch. While at BAML, Christian traded for Institutional clients and provided risk markets in domestic, international, fixed income, commodity, and currency ETFs. He also traded programs, customized indices, futures and swaps on their Delta One Trading Desk. Christian started his career as a Financial Advisor with Morgan Stanley and received a MBA from Rutgers University, a B.A. in Management Finance and a B.S. in Economics from East Stroudsburg University
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