Today, I short 10 shares of FSLR @ 178.02 each. And in the very same day, I cover my position for both BIDU and FSLR at $295 and $175 respectively. I gain about 1.88% for BIDU over the weekend and 1.73% for FSLR at the same day. I don't want to hold any position overnight since Fed meeting is tomorrow. I still don't know how the market will react. If the fed cut quarter point then there will be disaster, otherwise if half point, I'm sure it will just go sideways.
Update: I also short 30 shares of American Express (AXP) at $47 each since they will have earning report after market close today. So far, the financial sector always gives bad report and I believe the earning report for AXP would not be great as well, given the market sentiment. The price should go sideways if it's inline with analyst expectation, althought any a bit of bad report or lower guidance will bring it down.
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