Monday, May 16, 2022

Buying the Short-term Bounce

Monday morning, I bought significant positions in a leveraged 2xRussell ETF (UWM), QQQ, and DOW Inc. DOW will probably be a longer-term hold as it seems to be holding up in the downturn.  I was too busy to post earlier.

I will sell UWM and QQQ as soon as the market is “overbought” on any of my indicators.

More tonight after the close.