Slept right through the numbers today. With futures up strongly again, it looks as though 1467.07 will be exceeded and maybe even the 1474.51 high as well at some point, even though I still lean toward the market action since the high being a correction. But the bottom line is that eventually new highs will come, so I'm playing it as flexible as I can.
I never did close out the SPY 145 puts. Still holding SPY 145 calls and will cash them in today and look for better opportunities to add more calls. Still holding AAPL 670 calls and have brought my average down 2.35. 665.55 is my hard stop.
Tax something and you get less of it. See Hong Kong Luxury Sales Fall as Chinese Curb Spending. Even the rich feel economic pain. So the idea that the taxing the rich will help balance budgets is a mirage. It's really just warmed-over Marxism.
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