Rod's Account Talk

[Rod]

Nice, Rod. I think I'll wait for the dip.

View attachment 68601

Wise plan! It should come today, but who knows by how much.

 

[Rod]

I sold my CRWV position @ 54.21 - 54.76. Total return is around 47%!

God Bless!

 

[Rod]

It's a good day to be holding a 75% cash position!

 

[Rod]

I have no new buys/sells from my previous posts.

My YTD is +8.84%

The Fear & Greed Index is at 8. The VIX's RSI is near 70. The DOW, S&P, and NAZ RSI's are in the low 30's. Therefore, tomorrow might present some nice day trade opportunities.

God Bless!

 

[Rod]

Bought SPLG @ 60.57

Bought TQQQ @ 43.86

Sitting @ 71.13% Cash

God Bless!

 

[Rod]

Bought TSLL @ 8.35

Sitting @ 67.81% Cash

God Bless!

 

[Rod]

Bought SOXL @ 9.09

Sitting @ 65.42% Cash

God Bless!

 

[Rod]

BTW, I do not expect the positions I acquired today to turn green today. I am simply setting myself up for that eventual RIP to the upside.
We haven't had this sort of buying opportunity since March 2020. Don't let it RIP to the upside without you on that ride. In the meantime, hopefully there isn't too much more downside. We'll see how it goes.

God Bless

 

[Rod]

I ain't skeered...

Bought more NVDA @ 93.94.

Sitting @ 57.48% Cash

God Bless!

 

[Rod]

Bought more AMZN @ 173.83

Sitting @ 53.27% Cash

God Bless!

 

[Rod]

Bought more AMD @ 87.05

Sitting @ 49.41% Cash

God Bless!

 

[Rod]

As I tell my family and friends... (Copied from my Facebook)

Have no fear during the stock market chaos because it'll recover in due time. The worst thing you could do is sell everything at a loss and head for shelter. Ride it out like the adult you are.

As a matter of fact, it's the opportune time to load up and increase your investment contributions if you can afford it, because Mr. Market is on sale!


Remember- Be fearful when others are greedy and be greedy when others are fearful.

 

[tsptalk]

Says the man who came into this week...

I'm holding a 95.68% cash position.

 

[Rod]

Says the man who came into this week...

49.41% cash, now.

Yeah... aside from my day trades, I had been all cash since 6 Dec in anticipation of the election high sell-off. I began swing trading again on 13 Mar.

When I'm in, I'm in. I rarely sell at a loss. At the same time, I rarely remain in a winning position for the "long-haul." I learn its pattern and then swing trade in and out of it. This is why I am currently beating the S&P by over 20%.

If there is one thing I've learned over the years, it's that Mr. Market fully recovers in due time. It's a nice reminder for those folks who feel "stuck" in the market.

God Bless!