Hey Guys,
In yesterday's daily email, I talked about how the market had just come off a big rebound day. Well it then proceeded to have a big down day yesterday, followed up by some upward push this morning. This market is all over the place right now.
Despite the turmoil, I locked in some victories over the last 24 hours. Yesterday my VLO stock trade reached its profit target as did my MPC options trade. This morning my CHD stock trade timed out and locked in a profit as well. It was a great to see parts of my portfolio hold strong as the market plummeted yesterday. You can't ask for much better than that.
I picked up a couple new stock positions this morning in the main account: PPL and INVH. They both have low share prices incidentally. WMT also triggered from the watch list, but I didn't buy the stock since I only take on two trades per day in my main account. I didn't buy the options for it either only because it has a dividend coming up and I don't take on options positions that overlap ex-dividend dates. So as of yet, no trades have triggered for the other accounts today.
If you have any questions or feedback, I'd love to hear from you.