As planned, our trades were executed on Thursday as follows:
Short 250 shares of CFC at $29.25
Buy 200 shares of DELL at $28.75
In addition, due to the poor performance and meltdown last week, the following positions were closed as our stop orders were hit:
Sell 150 shares of RRGB at $39.75 - doesn't change the fact that I love their burgers.
TXRH releases earnings on Tuesday. With restaurant after restaurant finding the woodshed, we need to monitor that position as well.
Given the outlook for natural gas, we will need to keep a close eye on NBR as it is approaching the stop of $27.
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