Minutes from FOMC were released today...and the markets reacted positively to it. First time in months for the market's reaction to be positive. Don't know if it is shorts covering or people coming back in. This was the minutes from last months meeting, the one that sent the market scared. Limited exposure still seems key until a direction in the market is more clear.
OH account:
Sold HIL. Very small profit, but profit none the less. Was having trouble at a few levels climbing higher so I put my order there and HIL finally chewed through the sellers and shot up. Glad I played it on safe side but could have been better gain.
IB account:
sold most of my position in MDCN and also bought more of it. New buy is underwater and worried about an afterhour print at 3.80. Was at 4.15ish at close. Don't know what to make of this, but I'm worried.
Sold Body-had a panic and I sold as part of it. Stock is a week or so away from reaching a breakout. Should have cut earlier. May play again, with tight leash on it. Another extended loss that I have been trying to eliminate.
New gap hope play is ONNN. At a breakout and closed on a whole number. Hoping this hits scanners and gets a nice spike tomorrow. Will have a tight stop in place.
Hope markets continue tomorrow. Last few months on FOMC news markets reacted bad at start then picked up next day. Hopefully we don't get the ol switcharoo this time since markets responded positively today.
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