Trading Room Action Thursday was all about oil short, FANG long and a few earnings plays where chases turn into swings or vice versa. SNAP also snapped which was fun. Long Steels, still; Long VXX, again, as the USD/JPY, VIX and HYG may take over for FANG for awhile. Let’s see.
USO XLE HYG BBY AMZN GOOGL QQQ SNAP FB QCOM DATA X NUE AKS RBS DB XLF AAPL USD/JPY VIX VXX SPY SPX UUP TLT IWM IJR