After two days base building indexes broke out to the upside. RUT and SPX closed to the high side of the day, up 1.24 and 7.6% respectively. It was a trending day with solid earnings and possible tax reform proposal nearing. The shallow pull back appears over unless a geopolitical event, such as French election or North Korea nuclear activity knock on the market.
Made 6 trades today. I rolled the RUT 1360 bear call up 10 points since there is no chance to exit it on this trending day. Filled in 3 IC 2 SPX call side of late May for clients. I sold most of my gold miner 3x stocks with mixed results. It was unusual I didn't have any trade in IB main account.
Net liq took a blow of 10K on this break out. Margin ratio is lowered too. I will buy hedges tomorrow no matter what. There may be some early push around tomorrow as individual stock and ETF month options expiration set in.
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