We’re Unwinding Our Hedging Positions, Adding to Two Others
Catalysts behind TheStreet Pro Portfolio’s inverse ETF positions continue to fall to the wayside.
With the U.S. and Iran signing the peace memorandum of understanding, the re-opening of the Strait of Hormuz starting, oil and gas prices poised to fall further, and the Fed acknowledging the market’s expectation for a likely rate hike this year, we are unwinding our remaining positions in…