Hey Guys,
The market gapped up in a big way over the week. The S&P 500 is up 150 points from where it closed on Friday. This is an exciting sign of strength from the market.
It's also a good reflection of how you never know what's going to happen next in the market. A month ago, there might not have been many people who would have predicted that the market would be where it is today and showing strength. That's why instead of trying to predict what will happen next, I just stick to the backtested plan.
My NTR stock position hits its profit target on Friday. My BTI stock position hit its stop loss this morning and unfortunately went the opposite direction of the rest of the market. That's the first loss I've had on a stock trade in the last two weeks.
There haven't been any new trades yet today. I've got buy limit orders open for the tickers at the top of the watch list, as always.
If you have any questions or feedback, I'd love to hear from you.