/biz/ - Business & Finance

Exited all markets today and all positions, with DISH aswell. Everything looks cooked across all markets, for a week I can't make sense on FX and indexes movements.

Risk doesn't match the reward to hold anything when everything is running up with no stopping signs for months.

SP600 which DISH is a part off will be affected if SP500 goes down as they just move in harmony for weeks.

NASDAQ ran 30%.

Not holding any shares until Q2 results which will show basically little to no growth in mobile most likely since they launched Iphone promo 2 weeks before Q2 ending.

Q3 and Q4 results should show growth and I will be looking at prices and news daily.

Entry on DISH - 6.13 average
Exit on DISH - 7.27 average

7% NW net added in 2 weeks.

Will think about reentry for a longer hold after FOMC and after the results. If they suprise to the downside with SATS I don't see it breaking 8$ until next results.

Playing it safe, as current market situation is basically crazy. Have no problem with buying in higher with smaller size but with higher conviction.

Stay safe, and Godspeed anons.