Hey Guys,
The market has been holding its gains. The S&P 500 is still at its all time highs. It's nice to see the market hold its ground and not fall back into a volatility mode.
I had two different stock trades get closed since my last email. The trade for MRVL reached its time limit this morning and landed a profit. The trade for GMAB, on the other hand, reached its stop loss yesterday.
That trade for MRVL was satisfying because the position went down substantially early in the trade. But even though the trade in the red, I stuck to my trading plan, as always, and that patience paid off. A trade isn't over until it's over.
I took on a new position this morning in the stocks account. I bought shares of DUK. I'm back to having a full house of positions again with no available buying power in my stocks account. So I won't be able to take on any new positions until more buying power frees up from existing positions getting closed.
If you have any questions or feedback, I'd love to hear from you.