Hey Guys,
The market gapped up over the weekend. The market has gone from a state of volatility to a state of strength. The S&P 500 is at a new all time high right now.
It's a good example of how you never know what's coming next with the market. Just a couple weeks ago, there was volatility and some degree of fear/concern in the market. Now, it looks strong and robust.
I took on a new trade today in my stocks account. I bought shares of WTRG. I haven't taken on any new option trades yet today.
I have a full house of stock positions at this point. I have almost no buying power left. So I won't be able to take on another new position until an existing position closes. I have two scheduled to reach their time limits tomorrow, so that will open up some space.
If you have any questions or feedback, I''d love to hear from you.