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Lazy Trade Long & Short: MCD & TTI

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October 16, 2012 – Comments (0) | RELATED TICKERS: TTI , MCD

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)

 

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