Hey Guys,
The S&P 500 is down another hundred points or so from where it was on Tuesday. It's around 5,290 right now.
Both my accounts have no positions right now. My portfolio is empty. That may have served me well this week since it helped me sidestep that 100-point drop. But it's not like I predicted the market would have a red week and therefore didn't take any trades. The only reason I haven't take any trades the last few days is that no stocks or options qualified for my trading strategy.
All I do is check my watch list each morning and set up buy limit orders for those tickers. Today there are none, so I won't be adding any new positions today.
The stock market is not open tomorrow in observance of Good Friday. I'll catch you guys on Monday.
If you have any questions or feedback, I'd love to hear from you.