Selling SPY @ $439.99
Realized loss of $5.24 (1.18%)
Stop loss got hit. Market is showing extreme weakness. I'm just glad, like the QQQ trade, that I used a stop loss and am mostly in cash. Losing 1% in a day hurts - but 1.18% of 25% is only 30bps of my capital. With the broad indices down nearly 2% today, that's some pretty epic outperformance!
The good news is that some of the companies I follow are looking pretty attractive! Could be time to start bargain hunting! Buckle up.
Comments
Post a Comment