Hey Guys,
Well the market has gone into a very quiet mode. It's truly fascinating. It bounded down and up at a clip of 50-60 points per day over the course of a week, and then it came to a screeching halt and is quietly hanging out in a 10-15 point range now.
A quiet market environment can sometimes be favorable for my stock and options trades, and there seem to be plenty of opportunities setting up right now.
This morning I picked up some Pfizer stock and some Johnson & Johnson options. In my extra options account I also grabbed some options for PFE and XLP.
My Citi options and United Rentals options hit their profit targets this morning. I closed my CBRE stock position for a loss since it reached its time limit.
All my financial sector positions are up. It took them a while to get moving. Maybe the same will be true for my utilities and healthcare positions, which are my other noticeable exposures right now.
If you have any questions or feedback, I'd love to hear from you.