Hey Guys,
The market is up some again this morning. The S&P 500 is up about 100 points from the low it reached during its big plunge on Wednesday. It's nice to see a recovery, although the market has proven to be volatile recently. We'll see if some sustained upward momentum starts to take shape.
My AAPL stock position reached its time limit and ended in the losing column. It's not a fun way to end the week, but I still have a win-loss record of 11-2 in the stocks account over the last two weeks.
I had a mixed bag of results overall in the options account this week, with a net negative return. It's interesting how the stocks account can perform differently than the options account, but it does happen at times. It can go the opposite direction, too, where the options account sometimes performs well when the stocks account doesn't. As always, I go with the flow and stick to the plan.
I took on some new positions today. In the stocks account, I bought positions for ADP and VFC. I bought the options for those same tickers in the options account.
If you have any questions, just reply directly to this email.
Eric