Hey Guys,
The market has come up this morning, and the financial sector is finally following suit. A number of my positions are showing a profit as of the time I'm writing this.
I don't have any new trades yet today. Nothing from the watch list has triggered, but I'll keep my eyes open all day like always. Since I'm a pullback trader primarily, sometimes I have to be patient when the market bounds upward like this. Once the market either settles down or pulls back itself, there will likely be new trades setting up.
I don't have any trades that closed today. My MES futures position closed last Friday for a profit. For any of you who followed me on that, you may have noticed how close it came to hitting the stoploss! It's nice to savor those trades that were nearly a loss and turned into a profit.
One quick correction: for my SPGI options trade (in my extra options account), I'm changing my "close by" date to be tomorrow, August 24. The reason is because it has an ex-dividend date coming up. So I'm going to close the position before that occurs.
If you have any questions or feedback, I'd love to hear from you.