Yesterday's stop loss on KRE @ $62.10 expired - which is how I like to run these sorts of orders. Why take a puke open that triggers the trade? With today's market now open for 10 minutes or so, I'll re-enter my stop-loss at $62.45.
I covered my SPY short yesterday for a solid profit, especially looking at the green open today - so will survive reducing my profit on this trade.
J. Powell and the Fed are having a meeting today and tomorrow. Even though they've hopefully stopped trading in their personal accounts, it's hard to see them instantly tapering or reducing their buying. Bubble continues to build. When will it pop?
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