HX Trader Position Update

Time To Book Profits

Last week we took advantage of the strength in the stock market to take profits. Today we continue doing so with another position.

When you have a chance, you should check out the latest issue of our FREE daily publication HX Daily. 

We remain very bullish in the intermediate term but think in the short term it makes a lot of sense to take trading profits.

The position we are taking profits on is one that we put on about six weeks ago.

It is in a group where we have repeatedly taken advantage of sell offs across the last few years.

The group has some great long-term fundamentals and buying on weakness has been a winning strategy for us.

Today, we book another winner!

Here is the update…

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