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Today’s Transactions:
Opened a position in GOOG averaged at $526.76 Stop loss if the stock is closed below $450 Reason: The stock posted a disappointing report yesterday after the close (Earning missed by 2 cents while revenue missed by 2 percent). However, the current valuation is quite attractive after its 30% drop recently. The risk/reward ratio makes it worth a bet.
Added more FXP averaged at $90.60
Today’s Return: -2.04% Return YTD: -25.00% S&P 500 Return YTD: -4.97%
My positions:
PG UTSI Jan 09 10 Call SOHU ABX POT DKS EEV SRS FXP CAL GOOG
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