Good Start

Now that’s how you come back from a 3 day weekend. I noted, in my hybrid post, that I thought the low was in for the day, it was. There was too much underlying strength in the market, and when the small caps got moving, the rest was history.

I decided to take some $SINA off this afternoon, but will continue to hold a half size position, I want 70 on my other half. I also decided to add some $CROX to the portfolio, and a little $MCP. MCP may need a little more time, but I see a nice flag setting up, and I want to be part of the next stealth move higher, stop under 11.

I still hold a little $SDS and my basis is right underneath this level. I will hold a bit longer.

All in all, it was a good first day back. I’ll see you guys tonight with some trade ideas as we head into Wednesday’s trade.

Off to the gym.

Previous Posts by RaginCajun

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,387.60 0.34%
  • NASDAQ 3,502.12 0.16%
  • S&P 500 1,669.16 0.17%
  • VIX 13.37 2.69%
  • SPX 500 (CFD) 1,667.30 -0.11%
  • DOW (CFD) 15,373.00 -0.09%
  • NASDAQ 100 3,022.60 -0.13%
  • EURUSD 1.292 0.13%
  • UK 6,803.30 0.71%
  • GERMANY 8,471.00 0.19%
  • FRANCE 4,035.50 0.33%
  • SPAIN 8,468.50 -0.60%
  • H. KONG 23,381.00 -0.54%
  • JAPAN 15,531.50 0.98%
  • KOREA 1,990.75 0.49%
  • SHANGHAI 2,305.11 0.22%
  • NAT GAS 4.20 0.17%
  • GOLD 1,376.00 -0.12%
  • SILVER 22.39 -0.26%
  • COPPER 3.34 0.13%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.01 240.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.90 1.22%
  • GERMAN 10YR 1.39 1.09%
  • ITALIAN 10YR 3.92 0.69%
  • SPAIN 10YR 4.19 -0.38%
  • WTI 95.76 -0.44%
  • BRENT 103.55 -0.35%
  • WTI/BRENT 7.79
  • 321 CR SPR 21.96 10.04%