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We have a light volume, meandering, lifeless market. We took some profits today on some names from last night and sold the last 1/3 position on other names from Sunday or Monday.
To clear up any confusion, my email yesterday (also tweeted and put on chatroom) was for a 2/3 sale yesterday, last night on the spreadsheet however, I mistakenly noted that we sold “all”. Not the case, as you know, I typed it wrong. We sold 2/3 yesterday, today I believe ,we sold the last 1/3 position.
The P&L has been updated and there are no names tonight as I want to manage what we have. I will add tomorrow via e-mail alerts if I see anything worthwhile. The market is confused.
I’d like to hold these names longer and feel free to if you like, but I trust this market as far as I can throw my house. So “catch and release” is my strategy until we can find a trend.
Have a good night and I will see you in the morning.
Please see the updated P&L for any stop adjustments.