GLD breaks below the old low at 72.51. I wrote that I might go long GLD on this retest. However, I didn't like the way it got there, so stayed away. Stocks also look like they are going to break their recent lows, though I may look at the long side at SPY 84.
Earnings are pouring out. I am looking at a lot of stocks, trying to see if there is any pattern to the movements. So far, all I have been doing is looking, not trading. Given my recent spate of losing trades, I remind myself that looking doesn't cost money, making mistakes does.
Flat - no positions.
No comments:
Post a Comment