Finding Income
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Finding Income

Trading Journal for 3/17

6:21AM: SPX futures are up 2% to 4329 after the Fed raised interest rates by 0.25% and planned to raise rates at each of the next six meetings.

PIK is gapping up 90% on news of what looks like an advertising deal with Disney.

6:30AM: PIK is choppy at the open, trading underneath pre-pmarket highs.

6:31AM: PIK broke above pre-market highs but is still choppy.

6:36AM: Waiting to see if PIK will continue higher. There seems to be resistance at SMA50 (at $4.28) on the daily chart.

6:43AM: PIK seems to be fading after not making progress:

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