Hey Guys,
The S&P 500 is back down to 5,300 today. It's crossed through that price point each of the last 5 trading days, so it seems to be kind of magnetized to that price level for the time being.
I've had a flurry of trading activity since the last email.
I picked up stock positions in my main account for IAC and KDP yesterday, and then for PTON and ENB this morning. And now all of the sudden, that account is filled up and has very limited buying power available. So I have a full load of positions finally after a pretty quiet trading month for most of May.
I got in on the action with my options account, too. Yesterday I picked up option positions for KO and SRPT. This morning I picked up an option position for PTON. All three of these option positions are for expirations that end this week, so we're looking for an upward move in the next few days in order to profit.
If you have any questions or feedback, I'd love to hear from you.