1st Trade Of The Year

Once a investor trader, always a investor trader.

Banks are on the chopping board once more thanks to a worsening U.S. economy. Foreclosures are still on the rise and account for a significant proportion of housing sales. News of Citigroup's break-up can only mean that financials are still in stormy waters.

And with that, I'm back into the market. I made my first trade today and will be buying a few more chunks of UYG which is currently retesting the previous lows.

Update; Just bought the 2nd chunk. One more trade to go for today.