Hey Guys,
The market is down a bit this morning, but the S&P 500 is still right near its all time highs.
I hit some turbulence with a couple of positions since my last email. My stock positions for FMC and SRPT both hit their stop losses. Both had pretty sudden downward price surges. Even accounting for those, I have a 15-5 win-loss record of the last four weeks. But it's still not fun to have losing trades.
I have two option trades that reached their time limits today, so I'll be manually closing those at the end of the trading session unless they reach their profit targets first. One of those was for SRPT, so we'll wait to see how that turns out once it reaches the finish line.
I took on a couple of new trades today. I bought shares of VRSN and PHG in the stocks account. Also, my buy order for BUD options yesterday was filled, so I have those in my options account now.
If you have any questions, just reply to this email.
Eric