$CarGurus(CARG)$ $标普500ETF-SPDR(SPY)$ More short exposure in this market, short setup for the following week.

Volatility is dramatically increasing across the board. But this isn't a time to panic - I'm very comfortable with the approach I have been taking with last week's volatility and tomorrow's likely gap down. Yes, some positions will get stopped out - but that is what the stops are there for. This is also why, I have already started adding short positions to the portfolio since weeks ago. So they should help offset some of the losses.

Now let's say this actually is a market top (not saying that has to be the case here, still quite bullish about the mkt), then there will be plenty of time to get net short on this market, but you don't want to flip the portfolio every time there is a sell-off, because being an all or nothing trader in terms of market direction is what leads to you getting jerked around by the market. I'll look to get more short tomorrow, but in case, the rising trend-line off of the October lows holds, I don't want to be 100% short, only to get caught in a squeeze later on. This is a potential transition phase of the stock market and if it continues to push south, I'll have a much more bearish portfolio going forward.