Hey Guys,
The market is up some this morning and distancing itself from the lows we saw over the last few trading days. The S&P 500 seems to have a solid support level around 6,800 considering that three times this year this market has come down hard to that level and bounced off it.
My HSBC stock and option positions both reached their profit targets yesterday. Also, both the stock positions I bought yesterday already got closed this morning. One reached its profit target (LH) while the other took a tough loss (GPC).
I took on some new trades this morning. I bought shares of RCL and BCE in the stocks account. Across both accounts, I don't have a ton of positions open right now, but I have enough to have some skin in the game.
If you have any questions, just reply directly to this email.
Eric