Hey Guys,
The market set a new all time high yesterday, but has since backed down. The S&P 500 is down about 50 points from that high and is hovering around 6,910 right now.
It's been a quiet day for my trading accounts so far. No new activity yet. I did pick up a stock position for RY yesterday after the morning email. And I have buy limit orders in for the tickers at the top of the watch list, as always.
I will have some activity later today, though, since I have two option positions that reached their time limits and need to be manually closed near the end of the trading session. They're the options for AIG and CSX. Unfortunately, both those option positions are in the tank right now. The last week has been great for my options account, but these two trades look like they might land with a thud. That said, a trade isn't over until it's over, so we'll wait and see what happens.
If you have any questions, just reply directly to this email.
Eric