Hey Guys,
The market went up over the last 24 hours, and the S&P 500 is at a new all time high this morning.
I had a bunch of positions reach their profit targets. In the stocks account, my latest position for PNC and my position for XLF both reached their profit targets. That was a nice way to finish the week in that account.
In the options account, four different positions reached profit targets: USB, DIS, AFL, and XLF. The only blemish on my record was VFC, which reached its time limit and landed in the red. Despite the loss, it was a solid week. My options account balance grew 11.7% this week.
It's a fun outcome, particularly because the journey along the way had twists and turns. I had one point earlier this week where every open position in my portfolio was red. But as always, I stuck to the plan. And I am intentional about not getting overly-invested emotionally in trade performance for trades that haven't ended yet.
There haven't been any new trades yet today. I have buy limit orders in for the tickers at the top of the watch list, but none are particularly close to being filled right now.
If you have any questions, reply directly to this email.
Eric