Here are some of the recent trade updates on the publicized portfolio moves. All of these originated in the live-chat, and I update as I can on the forums and elsewhere. I’ve been doing a lot of sitting on my hands this week as other traders are doing the same. We are seeing some vicious swings that are not logical, so the bulls are not pressing too hard making the first and last hour of the day the only real action lately. This makes for some trying times as some hero’s try to force action. If the market does not want to cooperate, those hero’s will turn into victims very quickly. Trade carefully as macro news is still dominating the headlines. If you can’t make it in chat, see the trade details below.
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As always, do your own homework to see if you agree. Good luck out there,
Mike
At the time of publication, Kudrna was long PDLI, AKRX, and XL but positions may change at any time.
