Good afternoon all,
I have to be away right after the market closes this afternoon. So, the next Market Update article will be out tomorrow, Tuesday, February 11.
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The Disclosures
***This is NOT financial advice. This is NOT a recommendation to buy, sell, or trade any security. The content presented here is intended for educational purposes only.
Had a nice vacation away from the markets! Not a bad start. Up 22% YTD. Mostly due to my only long stock position in BABA (95% of what I do is swing trading as I have found that is the best time frame for me). Been building it carefully since late ‘22 - up 59% total and all the trimming has left my avg cost basis at $74.60 🙂. Focusing mostly on education now. Had a great year last year. I am focused on the times it won’t be so good bc it is inevitable. As Brian says, “the number job is risk management.” Appreciate all your help Moss. I wouldn’t be where I am at today without it. Hope you and yours are well buddy.