The New York Stock Exchange traded a little lightly this morning but that was to be expected following a relatively big sell-off in the contracts in the Asian and London sessions. I wanted to go in with a bigger risk appetite but something told me to just hold off on that and let things go the way they were going to go. In hindsight, I’m glad I thought that way.
I didn’t trade any other assets today because I wasn’t comfortable with the price action of anything so I just decided to have a big nice breakfast and set myself up for the cash open. Being that I wasn’t putting on maximum risk, I allowed the market to establish itself for a little bit longer than I usually do. On days where the price action is wishy washy on all the major indices, I just don’t like committing myself to a course of action unless I can see that there is an underlying force underneath it. To be honest, I would have thought that the bulls would drive the market in the New York open but they have been tepid at best. Still, at least having some risk was enough to give me something and I could say that today was a productive day – even if I didn’t make as much as I would have wanted to: there will be other days in this dumb game.
As for now, I am going to go off and do some online grocery shopping. I realized last night that I am too stretched thin in my life and I can’t go off and do everything in one day. I really need competent services that can replace me and/or duplicate/amplify my efforts. Grocery shopping is something that I’ve been keeping my eyes on because I do spend a lot of time in the grocery store as I shop when the house demands it and I don’t overstock because I’m a neat freak like that. Luckily, my wife is the same way but even she has hinted at how much better it would be if we could get our groceries delivered. Then it occurs to me how lucky I am just to be in this position of having my groceries delivered. What a time to be alive. Thank God.