C.O.B.R.A. Portfolio Update For August 5th
Jim watches many factors that drive the global currency markets. Over the past week, some signals in the money markets (more specifically, the euro-dollar market) have indicated that there's a strong desire for U.S. dollar liquidity. That’s why we made our latest trade on UUP. Dan gives guidance on all the positions currently held in the portfolio, including three sell alerts issued recently.