Getting Long Semiconductor ETF – SMH
Going long 5K shares of Semi index, SMH at $96.95. Stop at $94.77.
Taking another facial with S&P short. Market trades like its offside as Trump is going to cave on shutdown. China will sense weakness and play harder, however.
Other trades working well.
May take off S&P short before the close, if not stopped out, depending on market reaction to POTUS presser.
Levering up trading capital only for short-term but market risk mitigated with S&P short.
Source: https://macromon.wordpress.com/2019/01/25/getting-long-semiconductor-etf-smh/
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