Happy New Year!! Markets took us for a wild ride today as $SPX dropped -1.48% to start off the new year. Things steadied themselves by close ending right above the 20MA around 3700. News of the UK closing through mid-February sent most panic sellers out trying to catch the top of the market. A new variant of the virus is said to be spreading and traces of it have been found in NYC. We’ll see what overnight markets bring and how things settle after today’s panic. We stay the course and use our stops as planned.

NEW ORDERS:

TICK EXP LONG/ SHORT ORDER TYPE $ENTRY $STOP
CT 2021-03 Long LMT-DAY 80.38 75.98

UPDATES:

TICK EXP UPDATE/ CHANGE STOP/ EXIT $ P/L%
ZC 2021.03 Closed 489.75 -14.59%

 

For all our current and previous positions see below.

CONVICTION. EXECUTION. DISCIPLINE.