Hey Guys,
The market had appeared to be rebounding on Friday after a precipitous drop on Thursday, but then it gave up a lot of those gains by the end of the day. Today the S&P 500 is at the same price level as it was when it closed Friday.
The market could get quite volatile this week with the US presidential election occurring tomorrow. Looking back at history, there are times when the market has boomed in response to the election outcome, times when it's dropped, and times when it has done some of both. I'm going to stick to the plan as always, as back tests included trades through presidential elections.
Both my DOCU positions (stocks and options) hit their profit targets on Friday.
I took on some new positions today. In the stocks account, I bought positions for Royal Caribbean and US Bank.. In the options account, I bought options for JP Morgan and US Bank.
If you have any questions or feedback, I'd love to hear from you.