Hey Guys,
The market showed strength yesterday, and the S&P 500 chart is starting to look better. Here's how the daily chart looks:
You can see that there seems to be some positive momentum recently. That's a welcome sign. It certainly doesn't mean we're out of the woods on volatility by any stretch, but it's nice to see any signs of strength again.
My stock position for GILD reached its time limit today. That one ended up in the losing column. I have one win and one loss to start the week in my stocks account.
I've only taken on one new position so far today. It was a trade in my stocks account for AMT.
I have very limited buying power in that account at this point, so I may not be able to take any new positions until one of the existing ones gets closed. My stock trade for SJM is reaching its time limit tomorrow, so that will open back up some more buying power.
If you have any questions or feedback, I'd love to hear from you.