Back On Track

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“Yesterday I was clever, so I wanted to change the world. Today I am wise, so I am changing myself.” – Jalaluddin Rumi

Stocks staged a nice comeback after the first presidential debate  Monday evening.

I continue to see stocks acting great, as they should, in a bull market.

I bought some PI today at 34.85 with a 10% weighting and that is rounding out my holdings nicely as I don’t have a lot more I can buy.

I’ve still got long positions in ACIA, AMZN, BABA, KERX, LITE MOMO, REN and TWLO.

I’m focused on fast moving leading stocks and this list is pretty solid and there are a few more I am interested in and will get into later in tonights letter.

september-28-2016Not bad stuff from SPY who should be fine as long as we remain above 214.

I’m heavy into stocks and well into my margin now.

Have a nice night.


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