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Thursday, December 27, 2012

The Trade | Thursday, December 27th, 2012


Juice | KC
Founders of StocksOnDeckMiamiBoys
@iamdjuice | @TheKevinCosta

Us Markets 
Dow Jones - Down  .14% | Nasdaq - Down .14% | SP-500 -Down .16%

Earlier, stocks tumbled more than 1% following Senate Majority Leader Harry Reid's comment that a "Fiscal Cliff"deal may not be reached by the end of the year. However, Stocks staged a sharp recovery in the final hour of trading Thursday following news that the House of Representatives will reconvene on Sunday evening to resume talks, with less than a week left until the "fiscal cliff" deadline.
SODMB Trades 
Long (Betting on an increase of price) 
Short (Betting on a decrease in price)
Long $EXPE
Short $JCP

Long $VVUS

We understand moves will be exacerbated during low-volume days, and we continue to react to every headline from Washington. Thus, we prepare ourselves with positions that could allow us to have either bullish or bearish market sentiment. Its been a great year for SODMB so were picky with what stocks we trade but still taking the opportunity to attack the markets based on political headlines.

Juice | KC
Founders of StocksOnDeckMiamiBoys
@iamdjuice | @TheKevinCosta

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