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Market Wrap-Up 11/4

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November 04, 2010 – Comments (0) | RELATED TICKERS: SPY

Solid day for the bulls to say the least, and we saw the market close a shade above the April Highs. But I was hesitant on adding any new positions to the portfolio and for the most part, closed out the majority of my long positions, and took a sizable short position on the Nasdaq via QID with the expectation that we should see some consolidating/profit taking in the days ahead. I've provided my market-wrap up video here for you. 

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