Hey Guys,
The market has another solid day yesterday. The S&P 500 opened today at around the same price as it closed yesterday, but it's been showing strength lately.
I had two more stock positions reach profit targets since my last email: PEG and DD. That's now 6 wins and no losses so far to start the week in the stocks account.
That said, I have some open positions that are in the red right now. I have both stocks and options that are for companies based in the Chinese market (BIDU and NTES), and that market has taken a hit recently after showing a lot of strength earlier this month. As always, any time I have a position that's down, I remind myself that the trade isn't over until it's over. We'll see if there is any sort of rebound in the coming days for those positions.
I took on new trades in both accounts today. In my stocks account, I bought positions for BILI and AMD. In my options account, I bought options for FXI and BABA.
If you have any questions or feedback, I'd love to hear from you.