I made a quick trade in TZA (Russell 3x Inverse Short) this morning when it became a bit clearer that the market would struggle to make any substantial gains ahead of the Fed Announcement (after which all bets are off). I’ve also shorted QCOM this morning as well (detailed below), getting in at $53.49 with a target of $49 and a stop loss of $54.25.
SHORT: Qualcomm (QCOM)
SHORT: Rowan Companies (RDC)
SHORT: Tenet Healthcare (THC)
SHORT: Texas Instruments (TXN)
LONG: eBay (EBAY)
LONG: Textron (TXT)
LONG: Zimmer Holdings, Inc. (ZMH)
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