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Thread: DRQ

  1. #1

    DRQ

    We should expect a weak close today simply because of a risk-off attitude before a critical FOMC announcement.
    Since I sold the UPL long position and my intention is to keep a neutral portfolio position for tomorrow, I will either Buy a long SWY position or cover the short DRQ position.



    Pascal

  2. #2
    Quote Originally Posted by Pascal View Post
    We should expect a weak close today simply because of a risk-off attitude before a critical FOMC announcement.
    Since I sold the UPL long position and my intention is to keep a neutral portfolio position for tomorrow, I will either Buy a long SWY position or cover the short DRQ position.



    Pascal
    With buyers moving in DRQ, I decided to cover the short position earlier and be neutral for tomorrow.


    Pascal

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