Hey Guys,
The market is in a similar spot to where it was yesterday when I emailed. The S&P 500 is around 4,950 right now.
I had one stock position reach its time limit today, LSXMA, so I manually closed it at the opening bell. It locked in a partial profit.
I took on a few new positions today. In the main account, I bought shares of stock for EWJ and WDAY. In the options account, I picked up some options for WDAY.
The WDAY chart is another one where it not only meets the pullback criteria, but there happens to also be potential support:
The orange line represents a potential price support level. There's no assurance that a support level will hold, but it's nice to know there are buyers who have stepped in at that price point historically. Maybe it dials the odds of success up a notch for us. Time will tell how the trade turns out.
If you have any questions or feedback, I'd love to hear from you.