Hey Guys,
The market has managed to stay above that old range throughout the last couple days, which is a nice sign of strength.
This morning, I had stock two positions reach time limits. OMC ended up with a profit, and BNS ended up with a loss. An interesting thing about these is that OMC came within one penny of its profit target, and BNS came within one penny of its stop loss, and both ended up rebounding in their respective directions. It's rare to get such a close call without filling the sell order, and extra rare for it to happen with two different stocks at the same time going in opposite directions.
I closed out those option trades that reached their time limits yesterday. They ended up with a net loss, although that account had a profit overall for the week.
I've taken on two new trades so far today. They were both in the stocks account. One was for VST and the other was for PEG. Both are companies in the Utilities sector.
If you have any questions or feedback, I'd love to hear from you.