Jan 29th Trades [Sentiment: Bearish]

Okay so I’m thinking that this market is looking very very grim right now. I’ve been on the sell side for the last week and as bad as things have been going, I’m still bearish on the overall market. On Wednesday my big short was AAPL, getting in at 212.4 and covering today at 195. There’s still downside room but I’m happy with the two day trade and have decided to move onto AMZN as a short. So I shorted AMZN at 130 this am, I look to cover around 120 or so early next week. I think it’s a safe bet to carry this over the weekend.

On the long side, I’m still holding on to SIRI and CTIC. SIRI has spiked up from my original purchase of .60 cents a few days ago. CTIC isn’t doing too much yet.

The trades I post here are strictly my own personal trades and does not serve as recommendation to buy or sell a stock. Always do your own research prior to purchasing or selling a stock. Jin’s Corner is solely for the purpose of entertainment reading. Thank you for visiting Hot Stocks to Buy.