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Markets Didn't Quite Get The Selloff We Expected: $PCLN $AAPL $WFMI

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With yesterday's after hours announcement by the Fed on the increase in rates, the futures dived. We didn't quite get that reaction today when the markets opened and they recovered all the losses to go back into the green. We were ready to take profits on all our short positions if the market gave us the opportunity, but it didn't. We are happy to be patient on AAPL)" ticker="NASDAQ%3AAAPL">AAPL and WFMI)" ticker="NASDAQ%3AWFMI">WFMI and take it home again.


We were able to close out our short on PCLN)" ticker="NASDAQ%3APCLN">PCLN. We adjusted the price to $230.25. ( See previous post). That was good for a $2.75 gain.

Have a great weekend.

-TCWBlog Trader

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