09Feb3:36 pmEST

Adding and Initiating; Chess Moves

Into the bell, I added to my open BIS (ultra-short biotech ETF) long, at $42.26 from my $41.79 entry last Friday. My stop-loss is still below $40. The position is now roughly 6% of my capital. 

I also took another stab at natural gas, by going long UGAZ at $2.51 with a protective stop-loss below $2.40. Natty is acting well today, and I still think a snapback rally is likely. Of course, this is a hot tamale of a (triple) levered ETF, so honoring stop-losses is key. 

See you after the bell for my video market recap. 

Stairway Down Jump for Chuy if This Stock ...

 
BackToTop
 

This website is intended for educational purposes only. | © 2025 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site