Hey Guys,
The market is down noticeably to start the week. The S&P 500 is down 100 points from where it ended Friday. That's the biggest overnight drop we've seen so far in 2026.
Lucky for me, I didn't have much risk exposure on the table. It's one of the nice things about having had a thin portfolio at the end of last week. Sometimes it can be a good thing when there aren't many trades.
My LULU stock position reached its time limit this morning, so I manually closed it at the opening bell. That trade resulted in a loss.
I took on a few new trades today. In the stocks account, I bought positions for STM and MRK. In the options account, I bought the options for MRK.
If you have any questions, just reply directly to this email.
Eric