So far I made the right move going back into cash at the closing bell yesterday for exactly these reasons.
1) market is up 7 out of 8 days in Feb. That's an unsustainable clip.
2) Never know if you hold overnight/ then wake up and S&P futures are way down and you are stock long
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Playing it safe and cashing in my #Nasdaq profit today at the bell.
We are still at the top of the uptrend and it's too risky tomorrow if this week turns out to be front loaded like last week. Also #NASDAQ nasdaq up 7 out of last 8 days.
Too Hot for me. haha