It’s the first full week in January, so that means I’m back in the office at my ‘day job.’ Meetings and piles of emails – business as usual this time of year as we prepare for Q1. And, now that I’m back, it means less time to trade and work on other projects. However, that’s what this site is all about. You have to able to manage investments while you work because at some point in the future, your money needs to make money for you instead of you making money for you.
Today, we saw a significant intra-day reversal. Reversals are a beautiful thing and a dream scenarios for day traders. I’m not too sure what to make of it (I want the market to pull back to the mean SOON), but I’m not going to fight the trend.
Today’s trade activity:
Sold GLD for great gains. I’m sure I’ll be back.
Added ZS, BIDU, and ROKU
Added more ZM
Sold SBUX for small gains
Sold MRVL for small gains
Added more TWLO