Good morning Titans!
SPX popped this morning and quickly filled the gap selling off to around 5300 at the time of this email.
I've been pretty conservative choosing to hold off on selling options on the bigger ETFs in the portfolio including KRE and IWM. Both are down today, but we're going to wait a little bit longer.
We're starting to get this email list more closely aligned with my portfolio and so you will start to notice the same names coming back more often as I start to scale back into full position sizes on these stocks. Remember, scaling is a huge component of success in the stock market in any strategy. If you can scale in with multiple orders it greatly improves the price that you get (profit) and the probability that you will hit your goals in the long run.
Let's go.