Hey Guys,
The market had a big rebound in the last 24 hours. The S&P 500 is up 130 points from where it was when I emailed yesterday. This market volatility has shown us major moves in both directions. The market has now recovered from the big drop it saw late last week.
I had multiple stock positions reach profit targets: DELL, WIX, and one of my NET positions. The only blemish on my record today was INTU, which reached its time limit and landed in the losing column. Overall, it's been a solid week for me so far.
I took on some new trades today. In the stocks account, I bought shares of CVX and EPD. This is another case where I already had an existing stock position for EPD and I bought another one, yet each trade is treated as being completely independent of the other even though they're for the same ticker symbol. In the options account, I bought options for CVX and EPD.
If you have any questions, just reply directly to this email.
Eric