Market Correction

The pullback I anticipated is finally occurring and accelerated in the last few days. The only strategy that is working are my puts on the SP500, a cruise liner and for-profit educator. I completely sold out of my oil trade, and lightened up on my gold and silver trade last week (although, in hindsight, I should have sold completely out of it). It's never bad to take profits.

What is hurting me is hanging on to pivotal-event driven biotech plays, although any of these stocks can pop up upon an FDA approval, successful clinical trial, or big commercial order. I expect continued weakness into the summer months, so hopefully these binary events are positive, and occur soon.