Hey Guys,
After showing strength over the last week, the market had a noticeable setback yesterday. The S&P 500 dropped 50 points.
I have a few stock and option positions that are pretty unhappy right now, like NTES, BIDU, and AMD. That said, a few are holding their ground, such as VFC and W.
I'm just going to stay patient and stick to the game plan. I give my trades time to breathe and allow them to take their course within the bounds of my trading rules.
I took on one new trade today. It was in the stocks account. It was a position for Johnson Controls.
If you have any questions or feedback, I'd love to hear from you.