Hope you are all doing well out there. Today the market is down but still noon time as I write. 

Positions were closed in KO, BBBY and some in IWM.

Drip is performing and looking to sell calls against in this coming week.

Opened new position in XLV to hold for consolidation.

Thank you and enjoy.

In this episode, I went over the broad 28 ETF's in my watch list. Did this to get a feel for the present market conditions and structures. Many Charts are looking topped out while some show signs of breaking into higher prices. 

Discussed our position in EWZ, DRIP and retail sector.

We discuses some  Chinese ETFs: CHIC, CHIM, CHIQ, CHIX, CHII

New trades opened on USO, EFA, and GLD

The broad 28 are:

USO, XOP, UNG. GLD. GDX, SLV, IYR, XLE, XLF, XLI, XLU, XLB, XLV, XBI, XHB, XRT, IWM, DIA,SPY, QQQ, EEM, FXI, EPI, RSX, MJ, EFA, EWZ, EWU

This was a live test with other platforms.

My quick thoughts on EWZ and an XOP position via DRIP stock and options. Check out how I got into the position. I display the mechanics of creating an option strategy to reduce risk and take in profits.

Thank you for your support.

"Thoughts and Trading"with Trade Doc will be back to bring you more.

I will be discussing market moving events, options strategies, investing and anything else I think you would all benefit from.

Thank you again.