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Trade Alert: Getting a little bit longer exposure

Cody Willard

Cody Willard

Good morning and welcome back to the stock market circus. I’m doing a little nibbling today, bought a tranche of COMM. The company is just getting about to start its integration with major acquisition Commscope which closed April 4. The quarter was pretty bad for both companies, but I will give it a quarter or two to play out and will use today’s sell-off to nibble a little.

I’m also covering a little bit of my IBB index short hedge.

I covered a little bit of my GLUU short.

I bought a little JD.

I bought a little BA.

I bought a little SQ.

And I even started buying some WFC, yes a bank, Wells Fargo. More on that later.

Be cool, be calm, be opportunistic.

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