Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
"For everything you've lost, you've gained something else. Appreciate what you have today. Life does not have to be perfect to be wonderful." - Angel Chernoff
"Only you can hold yourself back. Only you can stand in your own way. Only you can help yourself."
– Mikhail Strabo
Ugly day in the market as we continue the short term downtrend. My XLF stopped out for -.77%, and XRT stopped out for -.73% (kept my stops tight in this choppy market). I'm back to cash in my trading account and down -1.5% for the year (glad it is just a hobby). Time to slow down on my trading and investigate some different techniques, so I may not be posting my trading thoughts everyday. So far my investments are holding up well, and I'll post my 2nd quarter results at the end of June.
"Have the end in mind and every day make sure you're working towards it." - Ryan Allis
Sideways chop in the markets, so see if they can decide tomorrow which way to go. I bought XRT today and still in XLF. Watch list for 5/29/15: XME, GDX, XLU, XHB See Charts
When a bird is alive, it eats ants. When the bird had died, ants eat it. One tree can be made into a million matchsticks, but only one matchstick is needed to burn a million trees. Circumstances can change at anytime. Don’t devalue or hurt anyone in this life. You may be powerful today but time is more powerful than you. ~ Laws of Karma
Markets went back up today, so guess we'll see if this is a directional change or just a short term pause to more downside. I bought XLF today, just to have something in play. Watch list for 5/28/15: XME, XRT. MOO, IBB, VEA, DIA, VTV See Charts
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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!