Hey Guys,
The market gapped down noticeably overnight last night. At one point this morning, the S&P 500 was down 100 points from yesterday's close. It's rebounded a bit since then and is around 7,470 right now.
Multiple trades of mine got closed since my last email. In the stocks account, my DGX and EMR positions reached their profit targets. I manually closed my stock trade for CMS at the opening bell since it reached its time limit. That came in with a small loss. Overall, it was a solid week for my stocks account. I had 9 wins, 2 losses, and grew my account 4.3%.
My options account did not fare nearly as well. All three of those trades that reached their time limits this morning ended up in the red, and it washed out my gains from earlier this week and then some. EW was the worst of them. I had a net loss overall in that account this week.
I took on two new trades today. Both were for SE. I bought shares of it in the stocks account and I bought options for it in the options account.
If you have any questions, just reply directly to this email.
Eric