Hey Guys,
The market is up again this morning. As of right now, the S&P 500 is up about 175 points from its low back on Thursday. It's hard to tell that the bad inflation report came out last week because the market seems to be happy right now.
A number of my positions came up in value too. WIX climbed out of the cellar and is back to breakeven. ZTS has been bounding upward after a bad start and is within range of the profit target.
The main ticker I noticed that started going the wrong way today was ABBV. That one was close to its profit target in the first minute or two of trading today (particularly the option position), but then it turned and started going downward sharply. We still have plenty of time on that trade though, so we'll see if it makes another run for the profit line.
I haven't taken on any new positions today. I have plenty of tickers on the watch list, but none have reached the Potential Entry Price listed there.
Tomorrow some of my stock positions will start reaching their time limits. It's nice to see that a number of positions are showing a profit right now, but it won't mean anything unless it holds until the position gets closed. So this week will be interesting because we'll be reaching time limits throughout the week.
If you have any questions or feedback, I'd love to hear from you.