Hey Guys,
The market had a big plunge over the weekend. The S&P 500 is down 70 points from where it closed on Friday and is down around 6,390 right now. It has been responding with strength to these types of drops over the last few months. Let's see if it does so again.
I had a number of positions close since my last email. In terms of options, my option trade for Johnson & Johnson hit its profit target on Friday.
In terms of stocks, I had two stock trades that reached their time limits this morning, so I manually closed those (W and MNST). Both ended up with small profits. My BTI stock trade hit its stop loss after the stock had a big gap down over the weekend.
I took on multiple new trades today. In the stocks account, I bought shares of PHG and PDD. In the options account, I bought options for AIG and EFA.
If you have any questions or feedback, I'd love to hear from you.