What's the news?

The news

Stocks closed down mixed / reddish but no major drops either
Except for new addition APP
I do not know what the news on it is
Nor do I need to know
What I do know is that this is the reason we set STOPS and HONOR them

A stock can up for a 100 reasons, it can drop for that many too
Its sticking to the rules that allows us to be able to not get wiped out and be able to:
“Live to trade another day”
JPM didn’t give a entry signal today
Its teetering with a try at a comeback, but almost only counts in horseshoes and had grenades

COST, our old friend COST is back in play as mentioned recently
And we did enter this morning
Tonight I’ll be looking for new plays and will report my findings in the morning

The Options Coach

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