Market finally turned the corner to the downside after a month of rally.
A healthy correction is what I’ll call it at this time. It is definitely too early to call this a top.
Meanwhile my port got slammed with four stocks down and one up.
I practically gave back all gain for $HYGS. Although I initially bought this at $18+, my averaging up raised my average price.
This one is a tough one to swallow in the name of fundamentally hold. Price is still at the support level next to the 79 MA line.
$AMRN and $ORBC, although down, are still holding its ground waiting for the fundamentally story to develop in mid-September.
$DMRC continued to sink…
$LRAD was a shiny star by closing on the positive side; but it was too little to help offset the losses. My port gave back another 2.4% with YTD gain at 10.9%.
LRAD, HYGS, DMRC, ORBC, AMRN (100% invested/speculated).
From my other account:
Sold $CLDX to take small losses. Still holding $FITX and $LRAD.
My 2 cents.
Categories: Daily trading Journal