With market weakness today ahead of the election D&D took advantage of some price discovery with a focus on cyclicals and India.
- CAT (began position and will add on further weakness in coming trading days, on perceived infrastructure spending)
- SPCE (began position ahead of election and will add more on further weakness post election, on long term outlook for space travel)
- HDB (began position and will add on further weakness, on India economic recovery)
- INCO (began position will add on further weakness, there are only a handful of India ADR’s and selected INCO ETF due to top 3 holdings of Hero MotoCorp/ Harley Davidson has pulled out of India and instead working with Hero, Mahindra & Mahindra/ D&D has been a fan of company since traveling to India, Britannia Industries/ has seen foreign inflows of over $100M)
- GOLD (added to current position to readjust cost basis)
No comments yet.