Today’s Transactions:
Opened a position in ABX averaged at $43.46 Stop-loss if the stock is below $36 at close
Reason: With gold price climbing to new historical high, gold mining companies should continue to see their margins to expand. Plus, the Fed is widely expected to cut interest rate further at the end of January so the US dollar could face further pressure in the near term.
Today’s Return: -0.70%
Return YTD: -0.70%
S&P 500 Return YTD: -1.44%
My positions:
PG
UTSI Jan 09 10 Call
SOHU
GOOG Mar 08 500 Call
SNE
ABX
Short SOHU Jan 08 50 Call
