Staying Out of Trouble Into the Bell; Chess Moves

Into the bell, I decided to sell my FAZ long at $12.18 from the $12.34 entry I noted last week for another very small loss. 

As we have discussed, taking a series of small losses is part of my philosophy as a trader.

In this case, the market is showing signs that it could easily be entering a "blow-off" move higher, where every single short is squeezed into the sky. As a result, I am playing tight with counter-trend trades.

While Berkshire Hathaway was indeed weak today, as the largest XLF component, too many other financials were strong, such as C GS WFC, for the FAZ trade to work. 

I am tempted to put on fresh trades, such as a DUST or TMV long, even RUSS. But I will hold off until tomorrow morning.

As it stands, I am long CRTO and short CAT. 

See you after the bell for my video market recap.