Wednesday, July 1, 2009

Slight Gain

Markets were up today. Seems like the markets are picking and choosing data. Today the markets seemed to rise on pending home sales numbers being better than expected and ignoring ADP numbers, which came in lower than expected.

Stocks are trending sideways and should be traded as such.

No change to current positions, although I will be looking to do something with my DRYS long put...either converting to a calendar trade or closing it to capture remaining premium.

I am planning on starting a portfolio that I will track on this blog. I will be actively trading and keeping track of my ROI. Let's see if I can turn my portfolio around and start making some money! I still have some thinking to do and will probably try and start with 20K.

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