It’s obviously a very good day so far. My main pain comes from looking at the trades I closed. For instance, I sold IWM puts yesterday morning that are up about 270% now. And, weirdly, TWO people cancelled their gold memberships (today of all days). One says he’s done trading. Another is going on vacation. Whatever, fellas. Departures are a good thing, paradoxically.
All my positions are very profitable, but a couple of charts jump out as extra-peachy. One is KB Homes, whose H&S top is amazing.
Another is named after one of the most awful cities on the planet, Las Vegas (Sands, specifically).
I have to look back in pained amusement to July 27th, when I basically gave up on the market ever going down again.
