S&P 500
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IWM - Buy The Rumor Sell The News?

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Today the IWM saw massive bullish flow, almost piercing the all time high double top.

Many high beta stocks absolutely ripped higher today on huge rate cut expectations.

There a strong chance they may keep small caps strong into the rate cut, which could set up a buy the rumor sell the news.

The rate cut is next week December 10th and it sure has fueled this rally.

we have been trimming some of our long positions into this strength and still have long exposure in key names.

Today we closed
UMAC DPRO FOR 15 - 17% GAINS
SLB CALLS 45% GAIN
ACN CALLS 102% GAIN

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