Closing 1 Trade ($PCLN, $IACI)

By: ispeculatornew
Date posted: 10.26.2015 (3:00 am) | Write a Comment  (0 Comments)

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$PCLNThis morning I will be closing a new trade, one of the 6 live long & short trades. While this year’s performance is not anywhere close where it’s been the past 2 years, it’s EXTREMELY encouraging to see the turnaround and the fact that we are now back into positive territory. The YTD return so far is +2,14%. Not great but i guess the market has generally done worse so I’ll take it.

Today, I’m closing a trade on Priceline (PCLN) and IAC Interative (IACI) that started on January 13th. Priceline continues to be a star and while I’m not necessarily negative on IACI, I just didn’t like the valuation.

PCLN_IACI_chart

See the trades from this (and past) years here:

http://www.intelligentspeculator.net/livetrades

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