Today, the stubborn bull bounced right back to the upside once again. A replay of yesterday but with a little more zest…
See how it closed right at the resistance level? With after-hour trading on the upside, the market might just bounce higher tomorrow.
Today, I, again, rode the $TZA train all the way up with a nice paper gain and then rode it all the way back with a small losses to boost. While the market bounced back hard, $SVBL in my port took a hit today that set me back 1.5%. Instead of a 12% YTD gain, I’m now at 10.5%.
If the market bounces from here, I’ll need to find some stock to put the money to work.
LRAD, SVBL and 68% cash.
From my other account:
$FITX corrected today but price was still at the 79 & 89 MA lines.
My 2 cents.
Categories: Daily trading Journal