Indexes gaped up this morning with some better than expected earning reports. Both SPX and RUT made new all time highs again. RUT closed right at 1450.9. It may have a little more to the upside within my target range of 1490 to 1510. SPX made to 2481, not too far from its big target of 2500. NASDAQ was dragged down a little by google's earning. It may pop again with AMAZ and FB reporting this week. This summer rally continues. Tomorrow is FOMC again. It may be ignored by the earning excitement.
Made 8 trades. Most of them were rolling hedges in small contracts. Sold 2 IWM ITM weekly to lock in some profit early in the morning. It's a tough squeeze to my holdings. I need a pull back badly. I noticed that I am much calmer now with the market surge since I have plan and guard lines for different situations.
Net liq took a 10K hit. It brought the balance to my warning line. I may have to do another wire transfer before end of this week to boost my net liq. The positions in ET is worrisome for rolling this week.
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