The Nifty Fifty

Needless to say, I am relieved at the way the market is reacting to the Fed’s “nifty fifty.” I was a nervous wreck all day, considering the long positions I was holding going into the meeting. Not only did I have my current positions, I also bought BHP and PCU this morning. I took profits in a few positions and exited my real estate and financial ETF short’s, ruthlessly cutting ties with them.

Tonight’s research will focus on stocks to buy on a dip. All my favs are flying high, so it’s tough for me to enter right now.

I’ll detail my trades later today.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: