Action Aside From Healthcare
The Supreme Court ruling on healthcare is a smokescreen right now. Sure, it matters, but it is a speck on the big picture when compared with Europe at the moment. Again, we have instant reactions from stocks, even with conflicting headlines. I just choose to stand aside. This isn't my strongest sector, so no sense in trying to push any positions or reactions immediately upon getting the news. Not all news is trade-worthy for every person.
Digital River (DRIV) remains interesting, but as the Twitter feed has already alerted readers, I did cut back on the position with today's pop. Rather than sell the July 15 calls, I've sold July 16 and 17 calls against my position to lower my risk capital. Unfortunately, the stock has faded a bit since I started writing and posted this chart, but it is still a chart worth a review....267 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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