The following trades were stopped out this week.
Stopped Out Short Positions
CapitaMalls Asia Ltd
Textron Inc
Wells Fargo and Company
Had exited half of the following positions
Sell Half Positions (Short)
Jacobs Engineering Group Inc
Metlife Inc
Had entered the following positions.
Short Position
GBPAUD
Long Position
JM Smucker (Also Sold Half)
USDCHF short, SP Corp and Starhub long positions still remain.
Seems like short positions on equities are running out of steam. Let’s continue to monitor for further development
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Wow, that’s a really clever way of thinking about it!