Morning Notes – 5/26/2022 – Update

Morning Notes – 5/26/2022 – Update

Because I mentioned it in the Morning Notes, the Founders Group is taking a profit on our S&P 500 calls entered yesterday at 3955. We are out at 4035, as we expect the price to return back to 4000 by tomorrow’s close.

If we are wrong and the price keeps going higher, so be it. We have a nice profit. We are willing to reenter, but also mindful that we have a three-day weekend coming up.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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