Friday, May 11, 2018

Buyers Won't Let It Go 5-11-18

It was another up day although it was at a smaller pace. The majors closed up a little despite several pushing down attempts. RUT is less than 15 points from making ATH. The monthly options expiration is next week. There may be shaking out early then bulls tend to run the ball up again.

Made 12 trades. I bought some long call spreads in ETFs base on expected moves of the next couple weeks. Let's see how they will play out. Bought a couple of hedges for this weekend and Monday.

Net liq stayed barely above 120K after the regular payroll transfer. The margin ratio is projected OK for next week. I am going to Chaple Hill for June's graduation this weekend. It's a milestone for all of us.   


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