It has been a while since I have posted-
Family, research, and teaching kept me busy-
I did trade but I did not have much time to do research so I just swing traded REITs and gold miners, which worked out quite well-
So much volatility-
Today, AG and HL rose 10%+ So my long term gold miners did well-
I swing traded EPM, EMX, and MAG- I just wanted to be almost 50% cash because these are dangerous times.
I am not sure if gold and silver will skyrocket soon- I think it will just trade in range- Until the inevitable comes-
Didn’t learn much about trading or markets. I have been busy with family, teaching, and research- One more reason, why I am very heavy cash these days.
When you can’t monitor your positions better exit and stay in cash.
Everything is so expensive that I have any long ideas.
I bought SLP for swing trading. I have a long term position as well-
Today, I also bought AYX because it fell 6%- Alteryx will be around and yes, it is probably overvalued but I think it can recover 1-3% from today’s drop, making it a nice swing trade.
No new loans on Prosper-
I am thankful for being to able invest. I am also thankful that I am an individual investor not a professional investor. It must be rough right now for them.
Thank You Jesus for a blessed day. Let us always be thankful for all Your love and mercy Amen-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18