Hey Guys,
The market is continuing its momentum with a rebound, and the S&P 500 is now up to 5,085. The chart for the S&P 500 is V-shaped for now, which is about the best we could hope for after all the red last week.
My stock position for TCOM hit its profit target this morning. It actually gapped up and got me an exit price that was a little higher than my sell order called for. I had three other stock positions reach their time limits this morning (CMI, PAYC, and EXAS), and all three of those locked in small losses, which was actually a bit of a success considering how deep in the red they were just a few days ago.
My main account has now almost fully recovered all its losses from last week, which is fun to see. My options account and double down account are definitely not in the same boat, though. They'll be hard pressed to turn a profit this week.
There haven't been any new trades yet today, or even this week. The watch list is extremely thin right now. That's a reflection that there aren't many ticker symbols that currently meet the criteria for my trading strategies. As always, I stick to the plan and follow the same procedures regardless.
If you have any questions or feedback, I'd love to hear from you.