Hey Guys,
The market is back up near its all time highs this morning after a brief dip downward yesterday. The S&P 500 is around 6,960 right now.
I had a number of positions reach their profit targets this morning. The stock positions for BAX, MAR, and COF all reached their profit targets (the COF trade gapped up past its profit target for a slightly oversized profit). The option positions for BAX and LUV both reached their profit targets, too. That was a nice flush of profits.
The only blemish today was the RY stock traded that reached its time limit and landed in the red. But even that one was just 8 cents underwater.
There haven't been any new trades yet today. I went from having a full portfolio of stock trades yesterday to now having a light load and waiting for new trades. As always, I have buy limit orders in for the tickers at the top of the watch list, and I'll wait patiently for any of those to fill.
My COF option position reached its time limit today. I'll be manually closing that near the end of the trading session today if it doesn't reach its profit target first.
If you have any questions, just reply directly to this email.
Eric