In this video I give an update as to what happened in a recent short trade (SPLK) and how the SP500 reacted last week. Why an “update?” I was on vacation, so I needed an update too!
SPLK was a great short sale, which had a violent 2-day drop that ended on its 200-day moving average. Let’s get more of those!
The S&P500 update recaps the idea of having many possibilities on market direction, but that one should always give the most weight to what is happening now.