I also tried a short XOP as oil/energy looked weak, but I covered it when it broke above the HOD, fo a loss lower than 1%.
I also covered the BNS position at a small loss.
These three small losses were compensated by the TNA gain on the short position.
As of now, I have a short TNA and a long UFS, both half positions, showing that I have no convictions in either direction.
Trade ideas are below. Since the market has pulled back a few points, some long trades look interesting.
ZTS is a drug maker, as is BMY.
ZTS could be bought on a pull-back to support, with a stop close by. EV is somewhat negative. Hence, I would not buy if buyers do not come in.
BMY is a break-out trade.