It feels good to get it right. Getting out of shorts this morning was the right call on the leveraged ETF’s.

This is what also feels good.

BRKR Down 22% today! I got out here. I made my money and moved on. BRKR might be oversold. I haven’t seen the data yet.

Still up in ONNN and USEG with their drops.

TIVO I’m down about 1% now. TIVO bounced off its 50dma today.

JSDA down 6%, ONT down 5%. ADM down 5.5%. I’ve been saying stay away.

RDC up 1%+ I’ve been saying stay close.

The only part of this post that made me money was the index funds trades. However, I would have lost if I was blind and stuck with BRKR and ONT.

What I bought today recap:

BUF – Med device stock

URME – Bullish flag pattern – Uranium stock

LVLT – Very oversold, I’m going to have to wait a week or more for this to turn. Here I go speculating on bottom fishing, but I think LVLT has enough tailwind around it that it won’t be a bobbing sailboat like OPMR is.

I also bought the long index funds. I will look to buy leveraged ETF’s if the opportunity presents itself over the next two days. I want to stay defensive with the stocks I get interested in for the US markets. China stocks are still on fire. Remember CXTI? Thats up to 7.7 now.

Thanks for reading

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