A Quick Shift; Chess Moves
Into the bell, I sold my TMV long (bond short) at $26.90 from my $27.20 entry for a small loss, and rotated it over to the rate-sensitive utes.
Specifically, I went short XLU at $44.26 with a stop-lossover $46.
I charted the weak XLU earlier today and will discuss it after the bell in my recap. I think it stands a better chance than the bond short here.
UPDATE: Dumped $FEYE long here at $41.85 from $42.03 entry for a small loss. Think cybersecurity comes in a bit here with action in $FTNT $PFPT