The market had a small correction today which wasn’t much of a correction.
I didn’t do much today but to watch the roller coaster price action of $KNDI which had a wide dollar swing all day.
Notice that price came back down to the top range of the consolidation area. This may just be a needed minor correction before price takes off from here. Thus, I’m still holding firm.
I wanted to buy back $GALE but money was still locked up in three days settlement; but giving the after hour dumping of $GALE, it looked like I didn’t miss much.
$CERS and $KGJI corrected some more today so patience is required.
Although $AMRN was down, it did not get dumped which was good. Many probably believe that a delay is much better than a solid no. There may still be hope.
$GOGO, $LRAD, $SEED, and $TINY had a positive day but still not enough to counter the negative impact of $KNDI, $CERS, $AMRN and $KGJI; thus, my portfolio had a minor correction today as well.
KNDI, LRAD, CERS, KGJI, SEED, GOGO, AMRN, TINY and 5% cash.
My 2 cents.
Categories: Daily trading Journal