Good morning everyone
Do my eyes deceive me? A market open without a major gap. A rare occurrence of late to be sure! As nice as that is to see the fact is the market continues to be down-trending and locked into a very small chop zone.
I plan to remain cautious largely sitting on my hands patiently waiting a market direction to appear. I certainly understand how frustrating this can be however it’s far better than bleeding capital daily in this chop.
The earnings reports are picking up so I highly suggest making sure you know when companies you hold are reporting as well as checking those you are thinking of entering. Failing to do so can inflict pain you really don’t want to experience.
Trade Wisely,
Doug
Comments are closed.