February 5th Update SOLD USO

Sold on stop USO at 27.95 with a lost of 1260$

February 5th Update SOLD QQQQ

Sold qqqq at 29.74 with a lost of 120 $

February 5th Market Review

Current portfolio - 103,870
Open Position - Long QQQQ 4000 at 29.77
Long USO 1000 at 29.19



The bigger problem is the financials that acting really poorly breaking below 8.8 and will have much bigger problem. without the financials it will be very difficult for the market to have any long term rally.

The SPY look like he is going the break to the down side, a break under 83 and we probably going to test the 80 , long position only above 85.

The Dow look the same as the SPY , very weak and probably going lower to test the November's low.