Hey Guys,
The market went up more since my email from yesterday. The S&P 500 is around 4,405 now and undergoing a nice bounce back.
That rebound is bringing life back to a lot of my positions. The outlook for my portfolio has a much different feel now than it did a couple days ago. It's a good example of how you never know what's going to happen next in the market. That's why I like to let my positions breathe and give them the space to follow their course. But as always, there is real risk involved.
I have only picked up one new position so far today. I bought HES options in my options account.
I manually closed my stock positions for WIX and EDU this morning since they reached their time limits. EDU had a small partial profit, and WIX nudged out a profit of just 2 cents per share. It wasn't much, but it wasn't red, so I'll take it.
If you have any questions or feedback, I'd love to hear from you.