Hey Guys,
On Friday, it looked like the market was starting to crack a little bit, but by the end of the day it had recovered, which was a nice sign of strength. Today the S&P 500 is still hanging out around the same place as it closed last Friday: 5,710.
My stock position for WELL reached its profit target this morning. Nine out of my last ten stock trades have been profitable.
I took on some new positions since my last email. This morning, in the stocks account, I bought a position for BBY.
And on Friday, I took on two option positions in my options account. One was for BUD and the other was for BBY.
My stocks account is full again, meaning I have very limited available buying power. I likely won't be able to take on another new trade in that account until an existing trade gets closed out.
If you have any questions or feedback, I'd love to hear from you.