Trade Plan: SELL (at market close)
Pocket Trade (Trade Room Participants Only)
Here is what happened:
(click to expand)
Commentary: This was a fun trade. Our data was mixed and we had this in the trade room as a pocket trade (see the video below) and didn’t brodcast the jump report data. Their release news wasn’t terrible but a miss on same store sales and a softer than expected forward look. We had this as a SELL trade and it did even more than we expected for a jump zone of 11%
Jump Zone Profit: 11%