It’s days like these that we trade, righ…
It’s days like these that we trade, right? Most of our longs are up big on the back on Intel’s strong quarter, and our shorts aren’t hurting too bad. We’ve got some serious “tells” now that say that if we can game the fundamental report as “better than” or “worse than” expected on the fundamentals, then we can expect to see some profits on our earnings season trades. So I might be willing to put on some short term trades as earnings season progresses this week and next. Again, though, as I’ll often remind you — this is a 30 year time horizon I’m working with here in this portfolio…so short-term earnings trading gains we hope will be complimentary to that approach. Such quick, high-risk trades are not the overall driver for this portfolio.
I’m back in my old haunt, the big bad NYC, where I’ve got some business meetings and some tech executives to meet with over the course of the next few days. No trades yet today, but I expect tomorrow I’ll pull some triggers again.