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.