I sold my two overnight positions early in the session and went to 100% cash. $VSAT I took a flat on after being up nicely at Tuesday's close and $TSRX I took a loss on. I decided to stay in cash until after the FOMC minutes were released and ended up touching nothing for the entire session.
After today's session, I definitely can't see myself going long stocks. I can't say that I'm an outright bear at this moment either but I think the risk/reward at the moment favors shorts especially after the market's reaction to continued fiscal expansion by the FED today.
Tomorrow, I'll be looking to add the following shorts to my portfolio: