Lazy Trade Long & Short: MCD & TTI
Trying to squeeze a few more setups here into the close. I'm Long McDonalds at $94 as described below. I have 2 longs and 3 shorts to end the day. I'm tempted to add TTI as well, but figured I'd wait till tomorrow to see how the market opens.
My portfolio is a lot smaller in terms of long exposure than it has been in a couple of months. I'm concerned as well with the rising VIX despite the market being up 15 points. VIX is down less than 1%.
Here's today's Lazy Trades:
Long: McDonalds (MCD)
Short: Tetra Technologies (TTI)