Hey Guys,
The market is down noticeably since just a couple of days ago. Since the close of the trading session on Tuesday, the S&P 500 is down more than 100 points.
A lot of my positions are red right now as a result. And my LRCX stock position hit its stop loss along the way.
The market has seen dips like this throughout the year, and it often ends up rebounding. Let's see if that's what happens this time around. Sometimes when things seem really gloomy, all it takes is one day with a turnaround and the whole outlook can change. I've learned to be patient. That said, there is no guarantee of a turnaround, which is one of the things that makes trading hard. I just stick to my plan as always in order to stay in lock step with the backtested approach.
I picked up some new positions today. Both were in the stocks account. I bought positions for DDOG and OKTA.
If you have any questions, just reply directly to this email.
Eric