Hey Guys,
The market finished the day strong yesterday, with the S&P 500 now up 50 points from where it was when I emailed yesterday. It's nice to see strength for two consecutive days, but it certainly doesn't mean we're out of the woods on the market volatility yet.
I had two different stock positions reach their profit targets. WDC did it yesterday and BNS did it today. It's nice to see the recent flush of profits in the stocks account.
There haven't been any new trades yet today. Overall, both my accounts are thin right now. I only have two open stock positions and one open option position. Being that I never force trades and I only take trades when they qualify for the rules of my trading strategy, it means that I have to go with the flow even when there's light trading activity.
If you have any questions, just reply directly to this email.
Eric