Covered My Salesforce Short
Trading short rental Salesforce ($CRM) is more than $10 lower than the day’s highs and is -$4.00 on the day.
I covered my CRM at $254.01 and I plan to reshort on strength.
Position: None
We’re Cashing in on 3 Small-Cap Names as the Market Rallies
Some strange but true updates on our “$10K Portfolio” names.
Getting More Aggressively Short
I am getting more aggressive on the short side with the expectation of a possible reversal lower..
Out to lunch, back in 45.
Position: None
Top 2 GARP Stock Picks in a Bifurcated Market
Finding growth at a reasonable valuation has become a key challenge for prudent investors.
Bond Reversal
Bonds reverse to the lowest prices of the day (and highest yields) — the reason for my more aggressive short $SPY stance.
Position: Short SPY common (S) and calls (S)
A Welcome Relief Bounce, But Don’t Be Too Trusting
While breadth is strong, new lows still outnumber new highs two to one.
Getting Shorter
With S&P cash +41 handles I am shorting September monthly calls short.
Positions: Short SPY common S and calls VS
New Dell Price Target After Earnings Crush Wall Street
The technology firm posted video game revenue numbers as it blew analysts away.
More Trades
Shorted more ($SPY) at $764.01 – moved to small sized.
Reduced further ($GLD) at $403.12 (too much of a move, too soon). Will add $398-$400.
Positions: Long GLD S; Short SPY S