Wednesday, January 25, 2017

Super bull

The market made a big move overnight and after a short bit of selling in the morning, went on to make new highs. The DOW made it over 20,000 finally.

The NDX broke through the call spreads, so I began moving them out to next week. I also added put spreads way down at 2070. For the next few weeks I will be battling with a strong uptrend. At any time, we could get a sharp pullback to retest the breakout, especially if big tech names' earnings come in light.