Two’s Not Enough

“Face reality as it is, not as it was or as you wish it to be.”  Jack Welch

They say 2 Fed officials pushed for a rate hike in the most recent meeting but I don’t think we are ready for another market upset, which is inevitable if rates are raised anytime soon.

Stocks were mixed to strong with ACIA continuing it’s winning ways with a strong pop late in the day.

We bought it not long ago at $38, so with only 1,000 shares you’d be up $77,000 already which is incredible.

August 18, 2016

SPY held the 21 day average perfectly today and is still poised to continue higher before we see a deeper correction.

I’ve got 10% from 202 with 217.50 still a stop area and I’m trying my best to let this be on a closing basis.

Enjoy your night.

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