07Jan2:32 pmEST

Biding My Time After the Post-Minutes Ride

BhMM3GdIIAAWg5q.jpg-large After the FOMC Minutes, the Dow is up nearly 200 points, with small caps slightly underperforming. As far as my open positions are concerned, I still see a decent consolidation day in the precious metals and miners (I am long NUGT SLW from lower prices). My equity shorts: AAL GOOG LOW V, are a mixed bag. LOW V are putting some heat on me, but nothing too dramatic yet. AAL and GOOG are actually red as I write this, working in my favor. GOOG is a winning short for me here, as I entered above $524 on this blog. On the daily chart, below, despite being down several days in a row, the premier Nasdaq stock still has not hit its lower daily chart Bollinger Band. So, it is not yet oversold. I am hanging onto my short for now. I am not seeing too many fresh entries at the moment, but stay tuned as that can change quickly. GOOG

Scantily Clad and Scantily T... Extra Guac, Now That Everyon...

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site