Hey Guys,
The market is down a bit to start the morning, but overall, it's still sitting squarely in the same range that it's been in over the last couple of weeks.
The Fed is scheduled to make an announcement at 2pm Eastern Time today, and that could cause some volatility in the markets (for better or worse). I will be sticking to my trading plan as always. The backtested approach didn't make changes or exceptions for Fed announcements or anything else, and I want to stay in lockstep with the backtested approach.
I took on one new trade today. I bought shares of BIIB in the stocks account. I'm near full capacity in that account and can only take on a light position at this point (a trade where the total position value is low).
I also picked up an option trade for MDT midday yesterday in the options account.
If you have any questions, just reply directly to this email.
Eric