Some Observations

Japan moved lower close to the $9.70 price level that served as strong support on April 7th. It seems like the “Sell in May and Go Away” play is on. Most assets are down and continue to show weakness. All of these might also be in anticipation of the fed’s ending quantitative easing. I bought more shares of EWJ as price looks like it is trying to find support above $10. Another buy order that triggered this morning was GM. I continue trying to buy stocks that have been beaten down and that look like bargains.
I have buy orders on X and MRVL at support levels near here

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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