Added another quarter position as we cleared and held above last week's high and as the broad market continues to follow through, bringing my average price up to $246.99.
SPY and QQQ both had another good follow-through day today off of Friday's pullback lows. Neither is in the clear, however. They're also both facing up against key moving averages; SPY approaching the 50-day line & QQQ pressed up against the 200-day line.
SPY and QQQ both had another good follow-through day today off of Friday's pullback lows. Neither is in the clear, however. They're also both facing up against key moving averages; SPY approaching the 50-day line & QQQ pressed up against the 200-day line.
Comment:
Trimmed off the quarter position for a small loss, still holding the original half-sized position from the 1/31 buys. Ugly close to the week for NVDA and the market indexes as a whole, all closing on their lows of the week. Will be quick to trim more or even close the entire position if the markets get even more shaky.
