Long and Strong

BUY UQM $3.58

Markets climbed back throughout the day and closed positive today. Market is still trading rangebound here with the bulls still in control from last week. I was up close to 2% today on my positions and I'm still holding everything from last week. Will have to keep a watchful eye on the resiliency on the market as earnings continue to be reported this week. The reaction of the market to the earnings is important - will markets react positively or negatively to good or bad earnings? That is the sign to determine how this market will hold up.

On my immediate watchlist is CAEI, DRYS, FEED, MSPD, and PDS. I was thinking of picking a few of these up today but I think I am already too long this market so will hold off for now until I get a better feel for where this market is going. Will be watching my positions closely this week as I will look to trim down on my swing trades from last week. When you hold too many positions, it gets tough watching so many positions at once and I should be limiting my holdings to only 10.

Big gainer today in my portfolio today was CPSL which popped a nice 19%.

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