Hey Guys,
The market had a nice rebound day yesterday. It's a good example of how even though the market had multiple tough days in a row, that doesn't mean it can't rebound. Let's see if it can continue that momentum and get out of the volatility zone and back to stability.
My HON stock position reached its time limit and landed a profit. It's a small consolation price after a tough week, but it's nice to be back in the profit column.
My HON option position also reached its profit target. I manually closed my SPY option position this morning at 7am Pacific Time since it reached its time limit, and that one landed in the red. The net effect of both was a small loss.
I took on one new trade today. I bought shares of IBM stock in the stocks account.
If you have any questions, just reply directly to this email.
Eric