A diary of the thought process behind my investment decisions
Taking Some Profits On Lowe's Pair Trade
After a nice run I unwound the portion of my long Lowe's/ short Home Depot trade that I added at the beginning of the week. I am back in the black on this trade and I am sticking with my original position.
5 comments:
OriginalChaos
said...
JPMorgan upgraded LOW today pretty much on the catalysts you mentioned. Nice call.
I thought the bears had a decent shot today but the large caps are just bulletproof. Very frustrating for somebody who does not like to chase extended markets.
5 comments:
JPMorgan upgraded LOW today pretty much on the catalysts you mentioned. Nice call.
How are the Rydex numbers?
At an all time record.
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There may be a trade on the short side here.
I thought the bears had a decent shot today but the large caps are just bulletproof. Very frustrating for somebody who does not like to chase extended markets.
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