A is for Alpha, That's Good Enough for Me

Thus far in 2015, tactically going long the precious metals and miners while shorting select equities has proved quite fruitful for me, allowing me to sidestep drawdowns while capturing plenty of "alpha" along the way. And that remains the case this morning, with my SDS SLW longs benefitting from the character change I suspect the market is undergoing. As far as fresh ideas, if you like playing the little guys keep an eye on RIC, a junior gold miner that my friend @PatrickAvello brought to my attention. As impressive as the miners have been this year, note that RIC is one of the few in an established uptrend, with rising and properly-aligned daily chart moving averages. Clearing $3.70 looks to be the next hurdle.