Hey Guys,
The market has stopped its descent for the time being, but hasn't shown any sort of meaningful rebound yet. Yesterday and this morning have been relatively quiet after the two big down days we had on Friday and Monday. The S&P 500 is around 5,075 right now.
I have a ton of positions open. My main account is maxed out, and my options account has quite a bit of risk exposure right now. Both will be highly impacted by whatever transpires over the next couple days in the market.
Despite the market turmoil, the KHC option position from my double down account hit its profit target yesterday. That said, my BAC stock in the same account hit its stop yesterday. And my RCL stock position in the double down account reached its time limit this morning, and ended up with a small loss.
I haven't taken on any new positions yet today because nothing from the watch list has triggered yet. Even if that changes, my main account doesn't currently have space to take on new positions, but my options account and double down account do.
If you have any questions or feedback, I'd love to hear from you.