The year started off okay, then AAPL lowers
guidance and the market goes lower. The next day some good economic
news and comments from the Federal Reserve chair, ignites a huge
rally. I continue to roll up and down. I was mildly long Apple coming
into the news. I continued to adjust the position back toward delta
neutral. This meant the Friday rally had me scrambling to add long
delta. For the week I was up around 2%. I’ll take that.
I
take
small long positions in GE and XON (the biotech not the oil company)
based on some conversations. These
are tiny positions. Tesla tumbles on news, then recovers some.
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