Hey Guys,
The market went on a volatile ride yesterday, going down even further, but then coming back up. Right now, the S&P 500 is about 60 points higher than it was when I emailed yesterday, sitting at 6,820.
I had a number of stock positions get closed. My positions for MAS and GSK both hit their stop losses during the market turbulence yesterday. On the flip side, my DLR stock position reached its profit target. And then this morning, my GILD stock position reached its time limit and landed a tiny profit. Overall, it's been a losing week for me so far.
I took on a couple of new positions today. In the stocks account, I bought shares of CLX and KDP.
There haven't been any new option trades yet, today. Some of you may have noticed that the Options section of the watch list didn't show any options this morning. I'm not sure why that happened, but we're working to get it resolved soon. But I am manually checking in the meantime, and there have been no qualifying option trade setups that triggered yet today anyway.
If you have any questions, just reply directly to this email.
Eric