I mentioned yesterday that I hate trading news driven market and today did nothing to change that. Went to bed last night with S&P futures down over 10 handles and wake up with S&P flat. Not a time to be aggressive.
Took a couple trades today.
Long 300 AGU at 88.05 stop at 87.65. Was stopped out around 88.20 for small gain.
Long 200 CF at 149.00 stopped at 148.50. I was liking the strength in the sector and was trying to play a bounce on 20EMA/5min chart. In hindsight not a great trade but good thing for stops, CF never bounced.


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