I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Added Some Long Exposure

Part of me thinks the high of the day was set already in the SPX, but I went ahead and added some long exposure.

I am trading around my core in CREE, I added more long exposure to this name looking for a move into the earning’s gap.  To be clear, I think we get rejection somewhere in the above gap initially, but I want to play a push into it, initially.

I bought MHR too.  I like this name, and I like how it is flagging on the daily chart.  That being said, it is still looking downward, so I have tight risk.

Everything else is in place from yesterday.



If you enjoy the content at iBankCoin, please follow us on Twitter