Hey Guys,
The market gapped up over the weekend, despite the political stuff that unfolded over the weekend.
And wow what a morning it was for my portfolios. I earned a treasure trove of profits. My stocks account had five different positions reach their profit targets this morning. And my options account had two positions reach profit targets. It was fun to live through and it cleared the decks of a lot of my positions.
The most notable profit to me was from OKTA. That stock came within 12 cents of hitting its stop loss on Friday, only to reverse course and post a giant green bar today and go up about $7.00 to hit its profit target. That's the epitome of "a trade isn't over until it's over."
I posted some new trades today. In the stocks account, I bought positions for BUD and PM. In the options account, I bought options for TWLO and DIS. After clearing out so many positions, these started the process of building the portfolios back up.
If you have any questions, just reply directly to this email.
Eric