More Trades Into the Bell; Chess Moves

I cut my AKS long at $4.45 from my $4.52 entry for a loss, as the rotation thesis down to those materials did not pan out immediately as I thought it would. So, once again, I will keep losses quite small. 

I also went long TBT, the ultra-short ETF for Treasuries, at $43.73 with a protective stop-loss below $42. Bonds could still be bear-flaggng on the whole, and we have been profiling that REITs and utilities (rate-sensitive sectors in equities) are weak today and have been lagging the market in February. The TBT position amounts to roughly 4% of my capital. 

I still have a small piece of UGA with about a one-point profit cushion on it, after taking partial profits this morning. 

See you after the bell for my video market recap.