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DayveJohnson on the MarketsPosting my thoughts and trades as I take on the challenges that the financial markets will bring. Especially suited for end of day traders who also have a full-time job. Hopefully my years of experience can be a valuable asset to the trading blog universe. And please do your own research, I am not responsible for your personal trading decisions |
Selling CL and FMD. Adding HANS and CELG.
Posted on 08/09/2006 00:00 AM | Link | Post Comment
I will be selling the CL and FMD position and replacing those with HANS and CELG.
I will be having a bit of a rotation today. From some lower beta stuff to much higher beta stocks. Not sure I necessarily like it. Buy we'll go with it because I must follow the systems signals regardless how I fell personally.
Markets reacted negatively to the pause in rate hikes much as I had anticipated but it was not as bad as I thought it could be. The futures this morning are positive so I will be watching closely to see where we finish the day. Needless to say we ARE at and inflection point.
Have a Great Day!
Dave Johnson
dayvejohnson@gmail.com
I will be having a bit of a rotation today. From some lower beta stuff to much higher beta stocks. Not sure I necessarily like it. Buy we'll go with it because I must follow the systems signals regardless how I fell personally.
Markets reacted negatively to the pause in rate hikes much as I had anticipated but it was not as bad as I thought it could be. The futures this morning are positive so I will be watching closely to see where we finish the day. Needless to say we ARE at and inflection point.
Have a Great Day!
Dave Johnson
dayvejohnson@gmail.com
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