Hey Guys,
The market didn't respond well to the Fed's announcement. The market went down 80 points from its high the day before. Right now, the S&P 500 is hanging out around 4,865.
In my mind, if the market was going to have a bad day, that was a great time for it to happen. I had very few positions open, so the damage was minimal. It's nowhere near as painful as having a full house of positions on a day like that. And somehow my BCE and LSXMA stock positions are not in the red right now despite the market drop.
I picked up some new positions since my last email. This morning, I bought stock for MRVL and VEEV in the main account, and I bought options for MRVL in the options account. Yesterday near the end of the day, I picked up stock for MSI and TJX in the main account.
My option position for STZ reached its time limit today. I'm going to manually close that near the end of the trading session today unless it somehow reaches its profit target first.
If you have any questions or feedback, I'd love to hear from you.