Skip to content
Sign in
Journal
Call

I Left the Basket Empty Today — Three Names Stopped at the 70-Point Line

I didn't buy a single stock today. The macro regime read neutral, and in front of my one-name-a-day buying gate there wasn't one candidate that reached A grade (a composite score of 70 or higher). Refusing to fill an empty slot just for the sake of it is part of how I trade, so I closed the day with the basket empty.

Three names that stopped short of the 70-point line

The ones I kept my eye on were Duke Energy Corporation, Chevron Corporation and Johnson & Johnson. All three sit on my watch list, and none of them crossed the 70-point line. Buying something short of the mark just because the mood looks fine isn't my way. If I spend the single daily slot on a shaky candidate, I've quietly cut into the slot I'd want on a day when a score actually comes in strong.

The condition I attached to waiting

So the condition is simple. Whether it's Duke Energy Corporation, Chevron Corporation or Johnson & Johnson, the day its composite score climbs past 70 and lands in A grade is the day I'll weigh buying it. If the score doesn't rise, I just keep watching. A neutral macro regime gives me no reason to hurry either; in a market without a clear direction, I'd rather deal only with names whose scores are unmistakable.

I left my holdings alone today. No selling, no adding, I'm carrying them as they are. I still log a day like this because doing nothing is also a decision. The portfolio looks exactly as it did yesterday, and in the next entry the first thing I'll check is how close those three names have crept toward the 70-point line.