CISCO can it breakout above 50wma?

Last Friday, Cisco stock was assigned to me as part of an expiring Put Options contract.  For now, I plan to hold the position as a short term trade. The drop in Cisco started last quarter when management lowered guidance based on expectations of a global slowdown.  However, if Cisco is so concerned about aContinue reading “CISCO can it breakout above 50wma?”

Pruned Paired Trades

Today I made significant changes to 20% of the model portfolio.  Paired trades (winners & losers) were sold in an effort to mitigate further risk and harvest some long term capital gains. The liquidation was spurred by this week’s unexpected resignation of Intel’s CEO and also the revelation that Starbucks’ sales are decelerating in China.Continue reading “Pruned Paired Trades”