Only one new trade for me today, and it happens to be in the stock being featured in today’s Lazy Trade Long.. Nonetheless, the market looks like it is in a state of perpetual selling, which isn’t at all that uncommon when we gap up, and follow it with an immediate sell-off.
We are also below that trend-line off of the June lows, which makes me get much more conservative in general.
Here’s the Lazy Trades.
