Hey Guys,
The market still can't make up its mind where it wants to go. Yesterday we saw a noticeable drop, and the S&P 500 ended up below the 5,700 price level. The market gapped up some overnight, though, so it's doing a lot of back-and-forth.
I had two positions reach profit targets this morning. MAS gapped up past my profit target overnight, giving me an oversized win on that stock position. And my CMG option position reached its profit target this morning, which was nice to see after it had gotten so close late last week and then retreated.
I took on a few new positions today. In the stocks account, I bought a position for Dupont. I was only able to buy that because the MAS stock position got closed out, giving me more buying power. I'm back to having a full load of positions in that account.
In the options account, I took on trades for Walmart and HSBC. I also bought Disney options yesterday in the middle of the trading session. So now I have a nice portfolio of option positions.
If you have any questions or feedback, I'd love to hear from you.