Hey Guys,
The market is down this morning. The S&P 500 is about 50 points below the all time high it set yesterday.
My CHRW stock position reached its time limit, so I manually closed it this morning at the opening bell. That one ended up in the losing column. At one point it looked like that trade was going to hit our stop loss within just one day, but it came all the way back and even got above breakeven for a bit. Its final landing spot ended up a bit below the breakeven line.
I took on some new trades today. In the stocks account, I bought positions for BNS and NSC. In the options account, I bought options for CSX.
I have plenty of positions at this point across both accounts, which means plenty of risk exposure. Let's see if that risk rewards us. The rest of this week could have a noticeable impact on each account, for better or worse.
If you have any questions, just reply directly to this email.
Eric