Hey Guys,
The market moved up some since my last email. The S&P 500 is around 6,015 right now. Let's see if it can sustain those gains or if it gets magnetized back to that major 6,000 price level again.
My Morgan Stanley stock position reached its profit target this morning. That was quick. It's fun to see a trade that goes my way from the moment I enter the trade. My option position for Morgan Stanley is also close to its profit target. Let's see if it, too, will ring the profit bell today.
I took on one new trade today in my stocks account. It was for ADSK. That company just reported earnings, so that stock might be volatile and has already been bouncing all over the place this morning.
There haven't been any new option trades yet today, although I did pick up GM options in the options account yesterday in the middle of the trading session.
The stock market will be closed tomorrow due to the holiday. We'll be back in action on Friday. Happy Thanksgiving, Guys!
If you have any questions or feedback, I'd love to hear from you.