Basically, today I did nothing but watch the market, shoot off some emails and blog.
This market has an ominous tone to it. I do not like what I see, as you may have gathered from some of my posts today.
After a recent 30%+ run in the market and being up 50% year to date, now is not the time for me to take on risk, regardless of what my research guy is saying about the LEIs. You on the other hand, should be careful about trying to play “catch up” by being long too long (yes, an awkward phrase) in this market. Patience and discipline are key here.
As I said a couple of days ago, we are at a crossroads in the market, watching and waiting….
| Ticker | Shares | Cost Basis/Sh | Cost | LAST | Total Position (FMV) | % ▲ Gain (Loss) | %CHG TODAY | $ GAIN (LOSS) TODAY |
| HTGC | 1,200 | $6.46 | $7,752 | $8.40 | $10,080 | 30.03 | 3.58 | $348 |
| ARO | 150 | $25.58 | $3,837 | $32.79 | $4,919 | 28.19 | 2.63 | $126 |
| SUMT | 1,000 | $3.82 | $3,820 | $4.74 | $4,740 | 24.08 | 5.10 | $230 |
| EBAY | 150 | $14.02 | $2,103 | $16.84 | $2,526 | 20.11 | 4.14 | $100 |
| VPHM | 375 | $4.98 | $1,868 | $5.61 | $2,104 | 12.65 | 2.56 | $53 |
| CAF | 125 | $33.55 | $4,194 | $36.55 | $4,569 | 8.94 | (3.33) | ($157) |
| DBA | 200 | $24.83 | $4,966 | $27.04 | $5,408 | 8.90 | 2.04 | $108 |
| TWM | 800 | $47.29 | $37,832 | $50.06 | $40,048 | 5.86 | (2.87) | ($1,183) |
| CLS | 650 | $5.56 | $3,614 | $5.85 | $3,803 | 5.22 | 3.72 | $136 |
| DM | 600 | $11.87 | $7,122 | $12.51 | $7,506 | 5.39 | 0.24 | $18 |
| MOT | 650 | $5.55 | $3,608 | $5.78 | $3,757 | 4.14 | 2.12 | $78 |
| KNOL | 200 | $8.33 | $1,666 | $8.03 | $1,606 | (3.60) | 1.65 | $26 |
| DZZ | 100 | $23.46 | $2,346 | $22.06 | $2,206 | (5.97) | 0.32 | $7 |
| UEC | 2,500 | $1.42 | $3,558 | $1.21 | $3,025 | (14.97) | 0.00 | $0 |
| Cash | $54,480 | $54,480 | ||||||
| TOTALS | $142,765 | $150,776 | $8,011 | ($110) | ||||
| 5.61% | -0.07% | |||||||
| Current Gain (Loss) YTD: | $50,776 | |||||||
| 50.78% |
Since tomorrow is “Flyfishing Friday”, I will be standing in a clear mountain stream, incommunicado.
Happy trails.
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