Hey Guys,
The market is up again today. We're right at the market's all time high so it will be interesting to see if we bust through that ceiling or if it provides resistance of some sort.
There are no new trades today. It's quiet in that regard. I personally don't mind it, especially at this time of year. When the holidays are here and our schedules may not be routine, I like the idea that the market isn't doing anything too crazy. When the opposite happens and the market goes through turbulence through the holidays, I sometimes wish the market could just have a light day to make things easier. Well today we're getting a light day! So maybe it's worth being thankful for.
That said, there are plenty of tickers in the scan now, so once the market or any particular sector cools off, there should be plenty of ammunition for new trades.
I closed three stock positions today since they reached their time limits. All three were closed for a profit. I closed DHI from the main account and I closed PHM and TOL in the low-priced account. The second video on this page shows how I go about closing stock trades that reach their time limits.
If you have any questions or feedback, I'd love to hear from you.