Hey Guys,
The market is down some this morning. The S&P 500 is hanging out around 4,540 right now.
It might be a good thing that's it's down in the sense that it allows us the opportunity to get in on the action. Historically, it's been quite normal for the market to take a breather after a nice run-up, and often that precedes more expansion. There's no way to know for sure what will happen next, but we look at historical tendencies like this to try to put the odds in our favor when we trade.
I took on a whole bunch more positions today. In the main account, I bought stock for MS and SIRI. In the options account, I bought options for MU and SIRI. And I also got some action in the double down account, where I bought stock for LYB.
If you have any questions or feedback, I'd love to hear from you.