Woohoo! Up over $50 at market close today.
That’s cause of a little celebration. Microsoft lost me a few cents, but other than that everything else had a solid day (each up over 3%)!
Today’s Positions
- Canopy Growth Corp. (CGC): 40 shares @ $24.20 (3.02%)
- YETI Holdings, Inc. (YETI): 10 shares @ $27.26 (3.49%)
- Baytex Energy Corporation (BTE): 200 shares @ $1.24 (6.90%)
- Microsoft Corp. (MSFT): 1 share @ $135.57 (-0.13%)
Continuing on with yesterday’s contemplation of selling everything else and doubling down on Canopy Growth Corp, one of the things I’ve come to recognize that is preventing me from doing this is that I’m really looking for two stocks each move in opposite directions at the same time to give me confidence in pulling the trigger.
For example, if CGC goes down, and YETI jumps up, then I’d love sell YETI and move that money into CGC. But, what’s ironic about that, is that if/when YETI has a day that it jumps up, I’m hesitant to sell it because I’m hopeful it will keep going up. This is where my lack of technical analysis is causing some paralysis.
So, it’s probably time to start figuring out what technical indicators I’m going to lean on to have confidence it is the right time to buy or sell.
FNMNY 