SOLD 1/2 CIT $1.35
SOLD REMAINING CIT $1.31
BUY CR.TO $8.68
BUY MVIS $5.50
My short USD/CAD trade is looking pretty from last night as US$ takes another karate chop to the throat. Oil and commodities heading higher with the US$ weakness so sticking to this is the trade right now. Gold is looking really strong as well!
Markets traded down heavily in the morning but have seemed to stabalize. I am neutral right now with the markets and on rallies will try to take profits and scale out. I'm not adding too many new large positions and will nibble away and add small positions on dips.
CIT took a roundhouse kick to the head this morning as there are fears the company could be handed over to bondholders and a possible bankrutcy looming. I took a small haircut on this one, but I am resiliency and fearlessness will live help me to overcome this and trade another day.
SOLD REMAINING CIT $1.31
BUY CR.TO $8.68
BUY MVIS $5.50
My short USD/CAD trade is looking pretty from last night as US$ takes another karate chop to the throat. Oil and commodities heading higher with the US$ weakness so sticking to this is the trade right now. Gold is looking really strong as well!
Markets traded down heavily in the morning but have seemed to stabalize. I am neutral right now with the markets and on rallies will try to take profits and scale out. I'm not adding too many new large positions and will nibble away and add small positions on dips.
CIT took a roundhouse kick to the head this morning as there are fears the company could be handed over to bondholders and a possible bankrutcy looming. I took a small haircut on this one, but I am resiliency and fearlessness will live help me to overcome this and trade another day.
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