04-15-2014 Trading Journal

Today, the stubborn bull bounced right back to the upside once again.  A replay of yesterday but with a little more zest…

SPY_Daily

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.

Current holdings:

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

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