Hey Guys,
The market is down this morning. It's back to the lows it reached last week, which effectively wipes out the gains from the rebound that had been taking shape the last two days.
Along with it, a lot of my positions went down in value. Not everything did, though. Both my stock and option positions for SIRI hit their profit targets this morning. And I have some other positions that have, so far, sidestepped this morning's plunge. But a lot of my positions, led by QQQ, are down this morning.
As I just said yesterday, though, a trade isn't over until it's over, so I'm just going to stay calm and stay the course. The market has had strong moves in both directions lately, exhibiting volatility, so anything is possible, for better or worse.
I picked up a couple more positions today. I bought stock for EXPE in the main account. And I bought the options for EXPE in the options account.
If you have any questions or feedback, I'd love to hear from you.