Wow! what a finish.
The market popped up today in a big way.
It was like 4th of July fireworks. My Walmart trade was amazing. I took profits right before the end of the
session at 1pm (the market ended early because of the holiday). Glad I got in
when I did. If you were in INTC or TWX (both of which I wanted to get into but
was already over extended), you did well.
We are looking to the Thursday and Friday for the jobs data
and the ECB to see if they will cut rates for Europe. If those two situations look good then we
should see another rally. I may hold off
WMT because we are getting overbought and there was a lot of resistance at this
level. However my ATT trade looks good
so I may pick up some more options.
Have a great 4th of July, be safe and enjoy
yourselves!
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