It was a horrid week for the markets.
Check out how the current portfolio is shaping up. While the S&P 500 was down over -3% for the week, my trades were profitable.
I'll be the first to say, that I was a bit irritated by the Goldman Sachs (N:GS) upgrade on Friday that pretty much stifled any opportunity to see a heavy drop in the financials, much less in GS. UBS upgraded a stock in an industry that is facing so much headwinds, that the notion of upgrading a bank of any kind at present moment is mind blowing until the energy crisis blows over and the bank's debt exposure finally understood.
Nonetheless, Friday was still nicely profitable for me. I added Oracle (N:ORCL) after much of the market's drop had already happened, not expecting a major move then, but preparing for a larger move to the downside in coming week.
So over all, I am pumped for the coming week, and nimble enough to where if the market doesn't go in the direction of my trades, I can quickly adapt to the current sentiment.