Just a quick market update before I have to run. Market did a nice gap up this morning and continued to hold its strength throughout the day. Market finally made it above the 1200 price level and closed nicely above it. A lot of bulls came out of the woodwork for this one. Market looks a lot like it did back at the 1043 price level before we had a 2 month rally. I am not saying we are going to see a 2 month rally here but a rally into the new year could be possible. I will go over that more on the Weekly Forecast.
I picked up LOW this morning with a fill around $23.03. I am also still holding my short put on the NFLX 180 strike. I was looking for NFLX to reach the $210 level so I could roll my strike up to the 190 but that did not happen. I will go into short puts tomorrow for the Trading Tools session.
I see several new items to add to the watchlist and will bring them up tomorrow morning before the market open.
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