Market Video: So Far, So Good

Although we have only seen one trading day this week, I am very pleased with the price action of many individual stocks. I came into Monday with 2 longs and 2 shorts, but covered my shorts in the morning and finished the day with 10 longs. They are all light positions, but if the price action continues to be constructive, I will increase my position size.

In the following video, I discuss the market’s price action and a few potential ideas. Please keep in mind that the purpose of these videos is to help people with idea generation. If you trade some of these stocks, PLEASE, PLEASE, PLEASE use stops. In other words, if any stock turns against you and the market doesn’t cooperate…protect your portfolio! Thank you. Enjoy the video and good luck trading! (Please expand the video to see the charts better).

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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