Wall Street closed little changed today as this week's rally slowed down. The Dow lost 25 points, along with the Russell2000, which gave up 6. The S&P500 closed higher by 6 points and the NASDAQ gained 19. Sentiment is still positive even though the coronavirus death toll and infected number people continue to increase. The threat is contained mostly in China and any outbreak in the US is slim to none. The regular flu has killed over 12,000 people in the US so far this season so the coronavirus is not as scary as the media portrays.
Our positions have one more week until expiration and are looking great! We are in the final stretch and have over a 99% chance that they will expire profitable. Have a great weekend!
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