Back to the blog

Well, back to my trading diary from now on. It was quite a bit of work to write in the diary everyday, that was the reason for the break. But, I will continue again because I think it is very therapeutic and will help in the trading in the long run. Third quarter earning season is upon us and it will get wild and volatile. If your company missed earnings you will pay dearly, however, there will be upside if it meets or beats the estimated number ( eig, rimm for the upside and ntri for the downside). Not that much tech stock reporting this coming week. On the economic data front, there will be the FOMC minutes (Tues), retail sales, and PPI(Fri). This should give the market more legs to run. So far, the bulls are still in control and the earnings will either give them more catalyst or the bears will take charge.


Current positions/cost

Long vmw 84.50
rimm 96.50

Short isrg 245.40