Market Comments Submitted by Nick at Ambitions as a Stock Trader
Submitted by My Ambitions as a Trader and Investor
Shorts Sale Candidates Continue To Outperform
This should have been pretty obvious right from the open. Both of my new buy candidates flopped right from the beginning with STSI taking the bigger hit. On the flip side, the majority of the short sale candidates are doing quite well with most of them registering at least 4% gains. What else does one expect when we are in a downtrend?? This is why it is important to be flexible in the market. It doesn’t matter if you are a long or short term trader or investor. Without short positions one cannot hope to outperform the market during a correction. If things do not improve by the end of the day, I will be forced to close out a few more longs and add more to my short sale cache.
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