Trade Update

There is not a whole lot to say about today’s market action.  The biggest movers seem to be in the Dow industrials which is a bit rare.  BAC and FCX are flat like the market and JCP had a mild boost today after last nights announcement of an increased credit line.  The broader SPX has only moved 1% in the last 3 weeks so today’s relative non movement is not a big surprise.  For me, trades still come down to sticking with stocks on the right side of the 7 day moving average and trying to ride them higher.  As market conditions shift, I will adjust but until then I’ll continue to play the odds.

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Posted on February 13, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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