Friday’s action was not ideal, but I’m still riding the long-side equity market melt-up. Nothing to worry about right? Maybe, but I’m becoming more cautious as we head into 2020.
Robinhood Friday Activity:
On Friday, I stopped out of APPS for a small loss. APPS finished up down over 8% to close at 7.40. What’s interesting about Digital Turbine is that it’s proven to be very resilient. It’s very possible I’ll reenter long if the market holds up. My entry would be back above MA50.
Added LOW. I’m hoping this turns into a long-term swing, but we’ll see.
Added to IDXX position.
Sold TWTR for some gains. I’ll reenter again, I’m sure, but wanted to lighten up on a few positions and TWTR fit the bill.
Sold AAPL for huge gains. What a beast and, yes, I’ll buy back in on pullbacks.
Added starter position in FNKO on the Baby Yoda toy.
Added GPRO on holiday hype. this is a spec play, for sure. GoPro has a lot to prove before serious investors go big on the long side.
Sold ROST on failed breakout. Always watching to reenter.
Added starter position in ULTA because my wife loves this store
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