The market opened lower and continued on that path all day.
It was a tough day, and I tried to manage risk.
The $SPX hit some support at 3,887. The next level down is 3,867.
Here are today’s trades:
- I bought $AAPL at 138.08 and sold at 138.09; it wasn’t moving.
I booked two losers:
- I bought $MU at 52.70 and sold at 52.61.
- I bought $SQ at 68.72 and sold at 68.12; I was minimizing risk here.
I have open long positions in $SHOP, $ARKK, and $IWM and an open short position in $MS.
Tomorrow is quad witching in the options market, so it could be another volatile day.
All Star Charts Team