We have been saying that with this volatile market you need to protect the portfolio with puts. Well, with our portfolio we had a perfect storm this morning as the markets were up and crude oil slid, sending our hedge down and the alternative energy stocks down. We covered the puts after the Fed spoke and the portfolio didn't do too bad so we will see where we go from here.
The market continues to look ugly and could continue like this for sometime. We don't believe oil will drop in price to the point where the markets write off alternatives (again), and will look forward the portfolio to regain momentum. Our current holdings include:
OTTR
HQS
DAR
WGOV
BCPC
BWEN
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