Hey folks,

I haven’t updated for a while and to my surprise during that time, my blog was hacked.  So it took me a while to access the database and reconfigure the administration entry.  So I backed everything up and updated the WordPress configurations.  Thank goodness, I learned how how to code and web development the last year otherwise I would have been really lost.  Anyhow, I am still trading but at a less frequent level as the volatility has gone down.  There will probably won’t be another two years like 2008 and 2009 for a while.  You might as well have gotten a lotto ticket because many people got very wealthy trading during this period.  Unfortunately, I did well but didn’t have enough capital to make it there.  I’ve been working on business projects and finishing up my thesis on external investment influences on mortgage rates.  So I won’t be updating often but I think I’ll update the site every once in a while when there are large turning points.

And I feel that there will be a turning point at this time and it’ll probably push the market back to the downside. I am doing decently this year but mostly playing defense unless I see that the market is oversold.  I just started selling off most of my positions and holding on to a little bit.  Decreasing my exposure to what I feel may be another downside move as geopolitical news takes over when earnings dies down.  The recent rise was supported by rather weak volume so I don’t see any momentum.  It’s a stock pickers market and there are a few good things out there but I feel that there is time for that.

Currently, I’m holding long term calls in Google with some sold calls and holding SRE for a short term conservative play.  I sold out of my Walmart and GNK as I see some consolidation in those names.  I don’t have much exposure at this point but I have some speculative calls on BRCD as they report later this evening.  I think the risk reward in the name is good considering the valuation and the recent drop baked in there.  So we’ll see.

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