It Happened!

The day I have been positioning myself for, has happened…..and in a big way. I was done trading by 10:30AM EDT. Prior to the Employment Report I entered ERY, the 3x Energy Bear ETF, and was still holding on to TZA, QID and QQQQ puts from last Friday. I had sold off half of my position yesterday to try to minimize losses (see yesterday’s post). But today, I covered all those losses, paid the mortgage and have beer money for weeks to come.

Now though, the markets are like watching paint dry. It is after lunch, major players have moved on to the Hamptons and the S&P pit is quiet, zzzzzzz. I’ve popped the top off my first Bud Light and will sit back and look at all the pretty colored lines and blinking watchlists. Have a Happy 4th of July weekend….and God Bless America!