Hey Guys,
It's been a relatively quiet morning so far. There are only three tickers on the watch list so it's not a surprise that there haven't been a lot of trades today.
And that might be a good thing. There is a Fed meeting this week, and recent Fed meetings have had a negative impact on the market and on my portfolio. So I don't mind being light on positions. That said, I'm going to keep taking whatever trades set up, as always.
I picked up CHKP this morning. It just had an earnings announcement so the price has been really volatile this morning. Most of the trades I make do not fly around like this, but during earnings season sometimes those are the cards we get dealt.
My MES futures position is scheduled to be closed at 3pm Pacific Time tomorrow (at the open of the futures market) if it doesn't hit the profit target before then. Otherwise, I don't have any other trades hitting time limits any time soon. My portfolio is incredibly light compared to normal.
If you have any questions or feedback, I'd love to hear from you.