I sold the rest of my SOXL at $130.15.

Boring week in the markets. Not an easy one for momentum stocks. It looks like we’re closing in on a green week so hopefully we get through this resistance and establish a trend. We will see what next week holds.

It’s very important in these markets to not chase. As the market overall slows down, moves tend to be more short lived. If you buy at the top of a short move, the continuation is much less likely. Don’t buy unless you can get your price.

Have a great weekend! We’ll get back to it on Monday.