Hi Guys,
The market pulled back since my last email. The S&P 500 is down near 4120 right now. Yesterday's attempt to get through that 4200 level got rejected. Over the last few weeks, the market has rebounded out of pullbacks pretty quickly. Let's see if the market bounces back this time, too.
I took on a full slate of positions this morning. In the main account, I bought stock for LVS and NXPI. In the extra options account, I bought options for LVS and AMAT. And in the low-priced account, I bought positions for VECO and IPGP.
And if you're hungry for even more trades, lots have set up today. I only take up to two trades per day in each account as a way of managing my buying power. But there were other tickers from the watch list this morning that set up for trades, such as KKR and EA (both stocks and options).
My stock position on COP reached its profit target this morning. Also, my stock position in the New York Times reached its profit target yesterday. So far this week has been a profitable week with five winning trades and no losing trades.
If you have any questions or feedback, I'd love to hear from you.