WOW Walgreens! Why you DON'T Baghold!

27 thg 6

WBA is a techable moment and I had to make a video today. I checked my watchlist of current and recent trades exited and saw that Walgreens was down -25% overnight! Horrible earnings is the "reason" but really the stock has been in an unabated downtrend for months.

I tried to take a long off the 2009 low back in January but my rules had me GET OUT in April. I did not like taking a loss at the time (no one does) but it's moments like this in trading and investing that remind you in a good way (rather than painful way) why you follow your exit rules!