SELL CSCO @ $49.40

Selling CSCO @ $49.40

Realized gain of $7.83 (18.84%)

Selling CSCO on the pop today following earnings. Market is in a somewhat precarious position both from a technical perspective and from a cadence perspective. Volumes are down on the rally and the VIX has fallen to pretty over-extended lows. CSCO specifically has a gap to fill between the earnings announcement today and a quarter ago. I think I can buy back once either the market dust settles or CSCO falls...or both.