Market been up 13 straight days. As our intern Dan mentioned yesterday when he was learning candlestick analysis after 10 up days your odds of having a down day go up exponentially. So I will continue to stay light. Ive given up some profits in the last week as the pullback i anticipated never came and being only 50% invested obviously cuts down on total returns. But that is ok. Position/account managment is “next level” type stuff for traders. Most people can pick stocks but how they manage the accounts can make their income night and day
2 main stocks im watching
$fsii looks to breakout. They have contract news out this a.m that will push it to the b/o level
MTSN has the same look.
I for some reason still can not upload charts to our bloggers so i will send them via premium stream with annotations.