Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
The S&P is in a slight pullback currently. It may pause for a day or two, but I see it headed down to either the daily 50 SMA (blue line on chart below), or the 200 SMA (brown line) by end of next week. Then it could bounce back up, but who knows (anyone have a crystal ball that works?). My trades last week: HYD +1.33%, SMH -1.20%, VGT -1.45%, so it wasn't a good week. I entered SH (S&P inverse) on Friday to capture some gains from a pullback.
“Kids should be allowed to break stuff more often. That’s a consequence of exploration. Exploration is what you do when you don’t know what you’re doing.” ~ Neil deGrasse Tyson
A good article to make you think of how to prioritize the things in your life that give you meaning!
“A person who never made a mistake never tried anything new.” - Albert Einstein
“What lies behind us and what lies before us are tiny matters compared to what lies within us.” ~ Ralph Waldo Emerson
“Apologizing doesn’t always mean you’re wrong and the other person is right. It just means you value your relationship more than your ego.” ~ Author Unknown
“Too many of us are not living our dreams because we are living our fears.” ~ Les Brown
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!