Been a bit quiet for the portfolio lately, yet I have actually had a couple I have kept my eye on with buy stop orders to get me in, but the down trend in the markets have weighed on these stocks and luckily have kept me out. I'm looking at PDCO right now, it is sitting on support but waiting for the bounce to give the signal to get in. In retrospect although I only have a small position In BIDU open I'm pretty happy I'm not in anything as a lot of the data and economic news is weighing against stocks.
I've been mainly focusing on my day trading as I prefer to be flat at the end of the day. On Friday we had a terrible non farm payroll figure which initially dropped stocks, and bonds rose. But there was a big reversal and we ended close to our lows in Bunds which pretty much shafted many traders playing the second wave.
Think right now its a day traders market, and holding is a bit of a hit and miss strategy right now.
I will be looking to add a couple of positions by the end of the week, hopefully something good comes up!
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